COVID-19Economic ContractionSocial Welfare lossesElectricityProductivityThe COVID-19 shocks have affected Kenya's economy in several ways. They include contraction of the economy, productivity losses, and social welfare losses. TheSocial Science Electronic Publishing
forecasters say. A more realistic impact is likely about $346.98 billion. About one in five people in the US are collecting unemployment benefits according to the Labor Department, and 19, 23, 29 and 41 percent of people in the UK, Germany, Italy and France respectively are furloughed, acco...
WASHINGTON, April 29 (Xinhua) -- U.S. economic activity in the first quarter contracted at an annual rate of 4.8 percent amid the COVID-19 impact, the biggest decline since the Great Recession, the U.S. Commerce Department reported Wednesday. The decline in first quarter real gross domestic...
Find the most up-to-date statistics and facts about the impact of COVID-19 on the global financial markets
Around 7.6 million jobs, or 24 percent of the UK workforce, are at risk because of COVID-19-related lockdowns. People and places with the lowest incomes are the most vulnerable.
Monetary policy, interest rates, quantitative easing (QE), and lending programs were used to stimulate the economy. Eviction and foreclosure moratoriums, paycheck protection, student loan forbearance, and stimulus checks were implemented. Impact on the U.S. Economy ...
It is the purpose of this study, therefore, to produce current estimates of the potential direct and indirect economic impact of the Covid-19 outbreak on the UK economy which capture both the direct health economic impacts and the potential impacts of current measures to either mitigate or ...
Small businesses play many roles in the US economy: employers, sources of innovation, economic multipliers, community hubs. They constitute more than 99 percent of US businesses and employ 60 million people. Small businesses are also uniquely vulnerable to the economic ...
"In the first quarter the whole industry faced challenges, first with a shortage of components, then the resurgence of COVID-19, and also an impact in the macroeconomic environment," the company's president Wang Xiang said on Thursday. "These challenges have dealt a heavy blo...
That’s just the COVID impact, before we even talk about the climate crisis, Brexit, and of course, long-term automation, which is another structural shift in the economy. The Need for Big Structural Shifts BRINK:With regard to the path to net zero by 2050, how quickly do you expect ...