The state support measures introduced so far have mitigated the negative impact of the Covid-19 pandemic on the labor market, Normunds Ozols, a senior economist at the Analytical Service of the Ministry of Economics (MoE), told LETA. According to the Labor Force Survey data of the Central Statistical Bureau published this week, the number of … Read more
In the third quarter, 70,000 unemployed people were added compared to the previous quarter, the Central Bureau of Statistics (CBS) reports Friday. A greater number of people went looking for work in the past quarter. An unprecedented increase in the number of jobs was also noted in the third quarter. The number of unemployed was … Read more
As a result, he tended to transfer internal problems abroad. “If he wanted to make more history, he would have to focus more on domestic problems,” said the economist. According to her, Trump failed to create major new benefits for the United States. On the contrary, the question is whether his coercive style will not … Read more
The Netherlands Authority for the Financial Markets (AFM) believes that the Dutch economy will be hit by the corona crisis with permanent economic damage and long-lasting effects on the labor market. The AFM reports this in a trend report on Tuesday. The economy is still doing reasonably well, but because the support measures are coming … Read more
“We have reduced labor costs by fifty percent,” he said pandemic coronavirus head of the Kara branch network, Pietro Filipi, Etam Ladislav Pštros. “We had a hundred people at headquarters, now there are fifty, and in retail we have reduced labor costs by twenty percent,” he said. About two hundred people have left the company … Read more
Unemployment insurance accounts were to return to green in 2021, but the Covid-19 will push them back into the red. Playing its role of shock absorber, the scheme must face both greater expenses (contribution to partial activity, increase in the number of job seekers and therefore of the unemployed to be compensated), but also financial … Read more
COMPASS / EDDY HASBY – Thousands of residents of the City of Dili line up for the opinion vote in East Timor, 30 August 1999. – Gridhot.ID – Even though it’s been 20 years since I left Indonesia, Timor Leste in fact, not yet prosperous. Even economic growth Timor Leste getting worse. Unemployment has become … Read more
CANBERRA, KOMPAS.com – Aidan Draper is a resident in the City of Sydney who recently moved to Australia last March. He has applied for various types of jobs, including to become dishwasher at the restaurant. The 21-year-old man began to run out of his savings but did not qualify for financial support from the government … Read more
“I was already quite aware of the problems of inequalities but I am even more aware today, notes Jacob Bernard, in his thirties, a bartender in New York. We live on the brink of poverty. This episode made me much more aware of the violence our government and our economy inflict on the most vulnerable. … Read more
Jakarta, CNBC Indonesia – Business actors are concerned about the wave of layoffs (PHK) that will increase in size in the next few years. This is in line with the conditions of the Covid-19 pandemic, which is not yet clear when it will end. Chairperson of the Chamber of Commerce and Industry Rosan P. Roeslani … Read more