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Podcast: Beyond Currency
Episode: 17 June 2020 - 600k jobs lost since lockdown
Description: Current data releases in most major economies seem to be following the same trend; bad but could have been much worse. The population is now seeing the effect of the pandemic in black and white as the Government struggles with the dilemma of public health versus the economy. 600k jobs were lost in the three months to May, pointing to the biggest jobs crisis in more than 25 years. With the Government's furlough scheme and other support mechanisms paying the wages of more than 9 million workers the potential effect of the pandemic on the economy has been dampened down according to...