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Business Daily: Dealing with mass unemployment

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Dealing with mass unemployment

27/07/2020 GMT

BBC World Service - Business Daily, Dealing with mass unemployment

Do we need to radically rethink the way we tackle joblessness?

We speak to those who argue governments need to radically rethink how best to help the growing ranks of unemployed.

It’s estimated that the coronavirus pandemic will leave a quarter of a billion people out of work this year. Many of the jobs lost may never come back. Elisabeth Reynolds at the Massachusetts Institute of Technology says governments must take more radical action.

And with its generous benefits system and flexible jobs market, what can Denmark teach us about navigating the post-Covid jobs landscape? We ask Jacob Kirkegaard, senior fellow at the Peterson Institute.

Photo: A man stands in front of the closed offices of the New York State Department of Labour (Credit: Getty Images).

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