2020 unemployment forecast
[DOCX File]Commission's Own Motion -v- (Not applicable)
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Despite having taken mitigation measures, unemployment is set to rise (to 10.1% in 2020 according to the Commission forecast, to then recover to 9.7% in 2021). These measures include amending and extending the short-time work scheme, as well as measures adopted to support firms and workers and ensuring the functioning of public services and the ...
Euro area economic policy 2020
The unemployment rate is forecast to peak at 8 per cent in the December quarter 2020, before falling to 6½ per cent by the June quarter 2022 as economic activity recovers. The peak in the unemployment rate is expected to be lower than forecast in the July 2020 Economic and Fiscal Update (July Update), reflecting additional Government economic ...
[DOCX File]Economic .us
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According to the updated staff forecast, gross domestic product (GDP) is expected to contract by 4.5 percent in 2020, compared with 5.3 percent in the April forecast, and to grow by 6.8 percent in 2021, compared with 8.7 percent in the April forecast. The inflation rate in 2020 is expected to be -0.5 percent (compared with -0.8 percent in the ...
[DOCX File]Quarterly Economic Update - TagniFi
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the unemployment rate is forecast to reach 10 per cent in the June quarter 2020; and for every week restrictions remain in place, the reduction in economic activity from a combination of reduced workforce participation, productivity and consumption is estimated at $4 billion.
[DOCX File]Purpose of this Skills Forecast - Skills Impact
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Forecast employment growth uses national projections from the Bureau of Labor Statistics adapted for regional growth patterns. D) Analysis of the Workforce in the Region Employment Trends As of 2016Q4, total employment for the Capital Region was 959,510 (based on a four-quarter moving average).
[DOCX File]Budget Paper No. 1
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In the 1st quarter of 2020, the U.S. economy has suffered widespread ramifications of the global COVID-19 pandemic. Worldwide restrictions on in-person gathering and economic activity, along with the resultant job losses and disruptions to global supply chains, began to seriously impact the world economy in February and the U.S. economy in March.
[DOCX File]EU Semester Country-Specific Recommendations 2020:
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The inflation rate in 2020 is expected to be negative, at -0.8 percent, and to be 0.9 percent in 2021. According to the forecast, the Bank of Israel interest rate in the end of 2020 is expected to be in the range of 0.0–0.1 percent, and at the end of 2021, it is expected to be in the range of 0.00-0.25 percent.
[DOCX File]www.boi.org.il
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Annual Update to Industry 2020-2023. 2. 2. Industry Skills Forecast and Proposed Schedule of Work Annual Update 2020. ... Over the past few years, Phil had experienced retrenchments, stints of casual work and periods of unemployment. The printing industry had changed and shrunk its workforce and with another retrenchment looming, Phil knew that ...
US Economic Outlook: For 2019 and Beyond
In yearaverage terms, real GDP is forecast to fall by 3¾ per cent in 2020 before rising by 2½ per cent in 2021 (Chart 2.1). The jobs market will take time to recover. Following significant job losses, the unemployment rate is forecast to peak at around 9¼ per cent in the December quarter 2020 …
[DOCX File]Economic and Fiscal Update July 2020
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The unemployment rate in the euro area is forecast to rise to 9.6% in 2020 and fall only slightly to 8.6% in 2021, again with significant differences between Member States, regions and even groups of citizens. A sharp rise in youth unemployment is also expected, which …
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