The extraordinary impact of Covid-19 on the jobs market

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 98%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Smart Money: The situation is unprecedented and much remains unclear, writes Cliff Taylor (CliffTaylorIT)

Politically, one of the striking figures in the CSO survey is that just 8 per cent of those laid off in quarter two and who are now on the PUP do not expect to return to their previous employment. Photograph: iStock

Quarterly jobs figures are usually one of the best ways of taking the pulse of the economy. While the latest figures have been complicated hugely by the impact of Covid-19, they are quite simply extraordinary and do give a clear indication of how jobs are being hit, who is being affected – and what may happen next. In a simply unprecedented situation, much remains unclear. But here is what we know so far.The jobs figures are hard to interpret.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines