Tiptoeing back to work

back to work

As the government starts easing some restrictions to try and get people back to work the danger of a spike in new Covid-19 infections is very real. This means it will take some time.

On both sides of the Atlantic progress in getting back to work is slow and patchy. This is not going to be a sharp V-shaped recovery from the second-quarter plunge in employment and output.

One of the reasons is the growing tension between regional or state government and national government in many countries. In the US, President Trump abandoned his preference of organising a rapid and comprehensive return to work at federal level, partially because he was advised that the individual states have many of the powers needed to order lockdown and its end.

View Full Article – published by Charles Stanley on 13th May 2020