In Q3 of 2020 unemployment rate in Georgia increased by 0.7%

The FINANCIAL — National Statistics Office of Georgia published Q3 data on indicators of the economic activity of the population. In the III quarter of 2020 the unemployment rate in Georgia increased by 0.7 percentage point compared to the corresponding period of…

2 mins read

What Worries the World in October 2020?

The FINANCIAL — Ipsos’ What Worries the World survey tracks public opinion on the most important social and political issues across 27 countries today, drawing on 10 years of data to place the latest scores in context. October’s results show that people…

3 mins read

OECD unemployment rate down to 7.4% in August 2020

The FINANCIAL — The OECD unemployment rate fell by 0.6 percentage point in August, to 7.4%, but remained 2.2 percentage points above the level observed in February, before the COVID-19 pandemic hit the labour market. 48.4 million persons were unemployed in the OECD area, 13.5…

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Post COVID-19 recession may cause more housing problems for women

The FINANCIAL — The pandemic-led recession is disproportionately hurting women in the workforce and is more likely to threaten their housing security. A new Zillow analysis finds women are more likely than men to be unemployed, renters and caregivers during the coronavirus pandemic, thereby…

7 mins read

US GDP plunged nearly 35% as over 50 M Americans filed unemployment

The FINANCIAL — Real gross domestic product (GDP) decreased at an annual rate of 32.9 percent in the second quarter of 2020, according to the “advance” estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 5.0 percent. Department…

4 mins read