Increases in unemployment result in a decrease in apprentice numbers, as well as employers taking on fewer new apprentices. Australia can’t lose the workforce we might need for our recovery efforts.
The current lockdown in Zimbabwe is going to provide a stern test for its informal economy, which is the country’s dominant economy and employs 90% of people.
As Congress considers further financial help for victims of the coronavirus pandemic, the magnitude of the fiscal crisis that governors and their states will have to face is just starting to emerge.
South Africa must develop a comprehensive health and economic strategy if it is to stop the COVID-19 pandemic without causing long term socio-economic damage.
Mass unemployment will make it a lot harder for tens of millions of Americans already struggling to pay for housing to keep their roof over their heads.
Social distancing is impossible in much of Africa, and its economic consequences may lead to a famine that is worse than the pandemic. Prevention measures must consider the African context.
Unemployment may be down, but 3% of Britain’s working population are on zero hours contracts. This isn’t good for people or business and the government needs to act.
President Ramaphosa’s state of the nation speech showed his preference for less contentious matters that attract praise, rather than catalytic decisions.
Peter Martin, Crawford School of Public Policy, Australian National University
The Conversation’s 2020 economic survey points to a dismal year, with no progress on many of the key measures that matter for Australians and an increase in the unemployment rate.