News Formal

G20 seeks to prop up labour market amid virus crisis | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 86%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

RIYADH, April 24 — G20 labour and employment ministers pledged yesterday to prop up the labour market as the coronavirus pandemic hits jobs and output around the world. “We cannot allow Covid-19 to widen inequalities, including gender inequalities, in the labor market and erode progress made...

Brazilian President Jair Bolsonaro attending the G20's video conference meeting in Brasilia March 26, 2020. — Marcos Correa/Brazilian Presidency handout via AFP

“We cannot allow Covid-19 to widen inequalities, including gender inequalities, in the labor market and erode progress made thus far,” the ministers said after a virtual meeting hosted by the group’s current president Saudi Arabia. “Measures will be developed in accordance with national circumstances and may include cash transfers, tax credits, grants, loans, and wage subsidies.”

 

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:

 /  🏆 1. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil market in turmoil as equities slump | Malay MailLONDON, April 21 — Oil-price turmoil gripped traders once more today, a day after US crude futures crashed below zero for the first time, as the coronavirus crisis cripples global energy demand and worsens a vast supply glut. The commodity rout also sent world equity markets spiralling lower, as...
Source: malaymail - 🏆 1. / 86 Read more »