Up to 3 million jobs could be lost until the summer

[Sucker]

The economic fallout from the coronavirus pandemic could claim up to three million jobs by the summer, according to the Economic Policy Institute.

"At this point, a coronavirus recession is inevitable. But the policy response can determine how deep it is, how long it lasts, and how rapidly the economy bounces back from it," wrote EPI Director of Research Josh Bivens.

A policy response with enough fiscal stimulus could help curtail the number of jobs lost, Bivens said. Moderate stimulus isn't enough, he warned, and could still allow for three million lost jobs.

Employment losses in the coronavirus recession, "much more laser-targeted at low-wage, low-productivity, and low-hours jobs in service industries," he added.

"Given that workers in these sectors are likely to have very little savings to tide them over the economy’s downturn, the ripple effect from the first round of job losses are likely to be far greater," Bivens said.

[kevinUsa]

1% of entire population  will not have jobs 

[sri_india]

Anthaku minchi antunna afdb

[veeraveeraleaks]

Chinkies ni andarini peeki 10nguthe inka number ekkuva ayithadhi antunna @kevinUsa

[Sucker]

1 minute ago, kevinUsa said:

1% of entire population  will not have jobs 

nee dhandha yetla nadusthundi iyyala ? 

[kevinUsa]

Just now, Sucker said:

nee dhandha yetla nadusthundi iyyala ? 

edo bro anta ledu  friday and saturday full untadi  

 

[veeraveeraleaks]

Just now, kevinUsa said:

edo bro anta ledu  friday and saturday full untadi  

 

em danda ra kevin. Ganjaiiiii aaa

[Sucker]

1 minute ago, kevinUsa said:

edo bro anta ledu  friday and saturday full untadi  

 

maa daggara anni aapese stage ki vasthadi ani expecting. will see. 

[kevinUsa]

8 minutes ago, veeraveeraleaks said:

em danda ra kevin. Ganjaiiiii aaa

uber eats bro 

[ring_master]

2 minutes ago, kevinUsa said:

uber eats bro 

F1 lo ela manage chestunav ra bujja

[kevinUsa]

Just now, ring_master said:

F1 lo ela manage chestunav ra bujja

pakkodi peru meda chesta nenu 

[r2d2]

worldwide? mostly temporary & hourly employees in travel & tourism...