“We’ve seen activity across the economy collapse, and we’ve seen a rapid rise in inactivity among workers - both people being made unemployed, but importantly ...
8 million people underemployed due to furlough schemes,” Haldane said during an online discussion at the CogX technology conference.The BoE said last month that the unemployment rate was likely to more than double to 9% during the three months to June, excluding the millions of people being kept in work by the government’s job support scheme.
Did someone hit him with a shovel?
Also the birth place of Keynesian economics. Monetary policy did not have to be the only policy tool. Fiscal policy should be on the table as well.
stage 2 ontario reopening
France is forcefully extracting $500 billion annually from 14 African nations as 'COLONIAL TAX' and the UNO is silent. No wonder Arikana Chihombori-Quoao was fired for exposing this gross human right abuse. StopFrenchHegemonyInAfrica dieLinke dwnews
Reminds me of famous Peter Drucker quote: 'there are no under developed countries any more, but only mismanaged ones'.
Well since 'asymptomatic spread' was a COMPLETE LIE, they need to open up!
Word salad for mass unemployment.