Beyond Currency

17 June 2020 - 600k jobs lost since lockdown


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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 some analysts.
Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.
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Beyond CurrencyBy CurrencyTransfer

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