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I created this class about “Labour and social protection in times of Coronavirus” and i thought to share a video of the class too, to start a discussion on labour regulatory responses to the COVID 19 Here it is
A link to the ppt presentation is here https://www.dropbox.com/s/g8zq7s6dkdlxb34/Valerio%20De%20Stefano%20Labour%20and%20social%20protection%20in%20times%20of%20COVID-19.pdf?dl=0
Some comments on these measures. Short-time work schemes, where employers are allowed to temporarily “freeze” their workforce while their workers receive income subsidy from social security bodies or public funding have been introduced or significantly expanded in many countries
Short-time work schemes benefit workers as the do not lose employment in a downturn and receive a income. IMPORTANTLY, they are a huge benefit to employers too as they are allowed to “suspend” their workforce without dispersing it. This allows them to swiftly resume production...
Countries’ labour maker responses to the crisis have been unprecedented. Here is a non-exhaustive list of measures
Some insights from the class. The epidemic is possibly the most impactful event that strikes labour markets at the global level since the end of World War II. Unemployment levels are expected to skyrocket. Below the trend of unemployment benefits applications in the U.S. in March
