Full Employment Prioritised by Biden
Full employment is being pursued by Biden, despite repeated consultation will famously neoliberal Larry Summers. James Galbraith and Ryan Grim sit down to discuss what this means for US economic …
Read MoreTag: Recession
The K in recovery
A post-Covid divergence in fortunes is leaving women in the trailing leg. Selvin Kwong reports. Jenny is one of many women who lost their jobs or had their hours reduced …
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Long covid
Dr Hanna Szymborska asks what does Sunak’s labour market policy mean for women? Ever since the first national lockdown was imposed in March 2020, rising unemployment has been one of …
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Pandemic to create millions of ‘new poor’ in East Asia: World Bank
Up to 38 million people in East Asian and Pacific countries will be pushed into poverty by the coronavirus crisis, the World Bank has said. It will be the region’s …
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2008 vs 2020: What to expect for Britons graduating into the Covid-19 recession
Millennials who graduated between 2006 and 2012 were less likely to find full-time jobs, and when they did find them, their employers generally paid and trained them less. They were …
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Coronavirus won’t kill globalisation – but a shakeup is inevitable
The COVID-19 pandemic is now expected to trigger the worst economic downturn since the Great Depression. Many argue it could unravel globalisation altogether. Globalisation relies on complex links – global value chains (GVCs) – that connect …
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Urban refugees in Turkey uniquely threatened by coronavirus and economic recession
Much has been published about the severity of the situation regarding Covid-19 transmission in different refugee camps such as Cox Bazaar and Lambasia in Bangladesh, Zaa’tari and Azraq in Jordan, Baddawi in Lebanon, Moria in Greece, and Matamoros in Mexico. All …
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Coronavirus: The economic recovery won’t only be U-shaped – it’ll look like a wheelbarrow
The European Union‘s executive arm on Wednesday proposed a wage-subsidy scheme to encourage employers to cut workers’ hours rather than their jobs amid the coronavirus epidemic, a plan that could …
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EU suggests cutting workers’ hours instead of their jobs
The European Union‘s executive arm on Wednesday proposed a wage-subsidy scheme to encourage employers to cut workers’ hours rather than their jobs amid the coronavirus epidemic, a plan that could …
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Africa’s web of creditors complicates coronavirus debt relief
Africa is crying out for debt relief to weather a perfect storm of coronavirus, plummeting oil and commodity prices, mounting budget deficits and weaker currencies. But delivering the relief that …
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