Here are the latest top Covid-19 stories from around the world.

The message is clear: we must do everything to encourage direct investment in SA - failure to do so will likely see the "pot boiling over", with fiscal shortages (taxes falling short), increased hunger/poverty, civil unrest (and perhaps even civil war).

Signs of Slowing Unemployment

Where is Unemployment Slowing Faster During the...

Signs of Slowing Unemployment

Instant Reaction: Unemployment, May 8, 2020

Manitoba’s unemployment rate nearly doubled between March and April, according to the monthly report from Statistics Canada released Friday morning.

As we all know, Hong Kong as well as most parts of the world are facing a pandemic that has an enormous negative impact on our social and economic life. At this juncture, we don't have any accurate way to predict what will happen in the coming months. Two months ago, we were worried about whether COVID-19 would become a pandemic. Yet, the scale of the pandemic as we see now is not what we could have imagined two months ago. What we can do now is tackle the social and economic crisis upfront and build the resilience of our society, in particular, our employment market, so that when the time comes where social and economic activities can resume no matter how gradually or rapidly, our society can bounce back as soon as possible.

Unemployment has edged up bit by bit since the latter part of 2019. Statistics and daily news about business closures are telling us that unemployment is going up rapidly. While we should see what can be done to help those unemployed, the more important and urgent task is to see how we can "stop the bleeding", which essentially means job retention. The Employment Support Scheme, with a budget of over $80 billion, is designed exactly for that purpose. Through providing time-limited financial support, the whole idea of this scheme is to preserve jobs by enabling employers to keep their employees in employment for the coming months, and also when business resumes, employers can immediately grab the opportunities.

The central idea of the Employment Support Scheme is to provide wage subsidy that is equivalent to 50% of the wages of the employees up to a wage cap of $18,000 per month. The subsidy is given to the employers so that they can keep their staff for the coming six months. The employers will be required to have no redundancy or layoffs during the months that they receive wage subsidies from the Government.

In Hong Kong, we do not have a pay-as-you-go income tax system. Neither do we have a social insurance system nor a central provident fund to cover everyone in our workforce. That means we do not have any existing system covering every employer and employee in Hong Kong that we can devise a wage subsidy scheme that covers everyone. Any system meant to cover everyone in our workforce must be mandatory in nature and that will take time for us to have the relevant legislation in place and subsequently the system built.

However, schemes under the Mandatory Provident Fund (MPF) and the other Occupational Retirement Schemes provide a framework that we can develop a wage subsidy scheme to cover the great majority of the workforce. This is definitely not sufficient. In particular, we have identified three sectors that do not have good coverage in the provident fund systems. They are the catering industry, the construction industry and the passenger transport sector. Under the Anti-epidemic Fund, we have three sector-specific schemes to assist the employers and the employees in these sectors.

Many freelance workers or those in the so-called slash economy do not make contributions to the MPF. Though we have over 200,000 self-employed persons having an account in the MPF system, they do not pay MPF regularly. While we will provide a one-off wage subsidy to those self-employed persons who have made MPF contributions within the past 15 months, we also have three separate but mutually exclusive schemes operating under the Home Affairs Bureau, the Education Bureau and the Social Welfare Department, providing the same one-off wage subsidy to those freelance workers who provide arts and sports training. The one-off wage subsidy is $7,500.

Though all the schemes I mentioned above still cannot cover everyone in the workforce, this is the best we can do in making use of existing systems so that we can launch this round of the Anti-epidemic Fund in the shortest possible time to help our employers and employees to survive the challenges that are with us now. Any new systems to be built from scratch will not be able to provide the necessary timely support that employers and employees desperately need.

As mentioned earlier, unemployment is increasing at a disturbing rate. The basic unemployment protection system in Hong Kong relies on two legs. One is the Severance Payment or Long Service Payment payable by the employers, which is equivalent to two-thirds of the monthly salary times the number of years of service with the employer. The other is the Comprehensive Social Security Assistance (CSSA) Scheme. The CSSA provides a level of income support to families for their basic level of living in the context of Hong Kong. The CSSA provides a safety net to any family not having sufficient means, including those who are unemployed.

Apart from the income test, the CSSA also has an asset test. For the purpose of providing extra help to those unemployed during this difficult time, the Government will double the existing asset limit for the able-bodied for a limited period of six months, allowing more families with people unemployed to become eligible to receive CSSA. We estimated that about 40,000 families will benefit from this enhancement.

Unfortunately, over the years there is a social stigma towards the CSSA system. People in desperation may be deterred from applying for CSSA simply because of the stigma. This is the time for us to destigmatise the CSSA system. It is the safety net for citizens of Hong Kong. It is the responsibility of an affluent society like Hong Kong to provide the basic level of living to those who cannot afford to do so on their own. This is the time, this difficult time, that this safety net should perform its basic function.

We are doing our best to support Hong Kong in this epidemic fight. Let's weather the storm and brave the challenges together.

This is the Letter to Hong Kong by Secretary for Labour & Welfare Dr Law Chi-kwong on anti-epidemic measures and the Employment Support Scheme carried on Radio Television Hong Kong Radio 3 on April 19.

The seasonally adjusted unemployment rate increased to 4.2% in the period between January and March, up from 3.7% for the period between December 2019 and February, the Census & Statistics Department announced today.

The underemployment rate also increased to 2.1% in the period.

Total employment dropped by 48,800 to 3,720,000 while the labour force fell by 20,800 to 3,882,200.

There were 134,100 unemployed people in the period, an increase of 28,100 from the period between December 2019 and February, and the number of underemployed people rose by 23,700 to 82,800.

Secretary for Labour & Welfare Dr Law Chi-kwong said that the labour market further deteriorated as the COVID-19 pandemic severely disrupted a wide range of economic activities.

The unemployment rate soared by 0.5 percentage point to 4.2% for the period, the highest in more than nine years, while the underemployment rate likewise surged 0.6 percentage point to 2.1%, the highest in nearly a decade, he said.

The year-on-year declines in total employment and labour force widened further to 3.6% and 2.2%, both the largest on record.

The combined unemployment rate of the consumption and tourism-related sectors of retail, accommodation and food services soared to 6.8%, the highest since the period between August and October in 2009 following the global financial crisis, while the underemployment rate rose to 3.9%, the highest since the period between June and August of 2003 following the onslaught of SARS.

Dr Law added the situation in food and beverage service activities was severe, with the unemployment and underemployment rates surging to 8.6% and 5.4%.

Meanwhile, the unemployment and underemployment rates of the construction sector went up drastically to 8.5% and 7.1% amid a visible slowdown in construction activities.

The unemployment and underemployment situation worsened visibly in the transportation and education sectors as well. Labour market conditions in most other sectors also saw deterioration of various degrees.

Dr Law said: "The labour market will continue to face significant pressure from the economic fallout arising from the pandemic in the near term.

“The Government has rolled out relief measures of unprecedented scale, including the one-off measures in the 2020-21 Budget and the two rounds of measures under the Anti-epidemic Fund totalling $287.5 billion, with a view to preserving the vitality of the economy and relieving people's financial burdens.

“Some specific measures, in particular the Employment Support Scheme and various types of support for specific sectors, should help keep workers in employment.

“The Government will closely monitor the developments, including the progress and effectiveness of the various relief measures.”

The Government will launch a series of measures to retain and create jobs to prevent massive layoffs amid record levels of unemployment and underemployment for the first three months of the year.

The seasonally adjusted unemployment and underemployment rates have soared recently due to the severe blow dealt by the COVID-19 epidemic to Hong Kong’s economy.

With reference to the practice of some overseas governments in providing wage subsidies to employers and following the funding approval by the Legislative Council Finance Committee, the Government will launch the $81 billion Employment Support Scheme (ESS) as soon as possible.

The scheme will provide time-limited financial support to employers to retain workers who will inevitably be made redundant due to the downturn in business.

The provision of subsidies for employers, together with other relief measures and loan arrangements under the Anti-epidemic Fund and the 2020-21 Budget will help businesses stay afloat and retain jobs to prepare for a quick recovery once the epidemic is over.

Except for the Government, statutory bodies and government-funded organisations whose employees' salaries are not affected by the epidemic, employers who have been making Mandatory Provident Fund (MPF) contributions or have set up Occupational Retirement Schemes will be eligible for the ESS.

Employers joining the scheme have to provide an undertaking not to implement redundancies during the subsidy period and spend all wage subsidies from the Government in paying wages to their employees.

Wage subsidies provided under the ESS are calculated based on 50% of wages in a specified month subject to a wage cap of $18,000 per month for six months.

Payment will be made in two tranches, with the first payout no later than the end of June to subsidise employers to pay employees' wages from June to August.

After approval of the application, the number of employees on payroll shall not be less than the number of employees in March and the wage subsidies applied by employers must be used fully for employees' wages.

Under the ESS, self-employed people who have contributed to the MPF from January 1, 2019 to March 31 will be granted a one-off subsidy of $7,500.

The scheme is expected to benefit over 260,000 employers who have been making MPF contributions or have set up Occupational Retirement Schemes for 1.7 million employees, and about 215,000 self-employed people.

Employers and employees in the catering, construction and transport sectors that are not covered by the MPF will be taken care of by sector-specific schemes.

Regarding job creation, the Government has earmarked $6 billion to create about 30,000 time-limited jobs in public and private sectors in the coming two years for people of different skills and academic qualifications.

This is in addition to more than 10,000 civil service job openings for replacing retirees and filling new posts to be created in the 2020-21 Estimates, and about 5,000 short-term interns for young people.

In the second half of the year, the Labour Department will raise the ceiling of the on-the-job training allowance payable to employers under the Employment Programme for the Elderly & Middle-aged, the Youth Employment & Training Programme and the Work Orientation & Placement Scheme to further encourage employers to hire seniors, youngsters and the disabled.

The department plans to launch a pilot scheme in the second half of the year to encourage these people to undergo and complete on-the-job training under the above-mentioned employment programmes through the provision of a retention allowance.

A time-limited unemployment support scheme will be launched through the Comprehensive Social Security Assistance Scheme at the same time to provide timely and basic financial support to the unemployed who may not be covered by the ESS.

To maintain Hong Kong's economic vibrancy and relieve the financial burden of the public under the epidemic, the Government has introduced the largest package of relief measures to date, including the one-off relief measures in the Budget costing $120 billion and two rounds of measures under the Anti-epidemic Fund totalling $287.5 billion.

This accounts for about 10% of Hong Kong's gross domestic product, the Government added.

The Department of Labor released an FAQ April 27 that addresses common questions about work search and job refusal when an individual receives Pandemic Unemployment Assistance.

The United States economy shed more than 20 million jobs last month, the greatest month-to-month decline in history, the Labor Department said Friday in its monthly employment analysis.

If so, can you do it online? I don't want to catch COVID-19 waiting in some packed line, as I live with an 80 year old.

On this webinar, experts and state refugee resettlement program leaders discuss two activities that can be key parts of a broader strategy for sustaining and improving employment services for refugees: Partnerships with experts in workforce development strategies, and access to federal workforce development funding.

On this webinar, experts and state refugee resettlement program leaders discuss activities that can be key parts of a broader strategy for sustaining and improving employment services for refugees, including partnerships with experts in workforce development strategies, access to federal workforce development funding, and other policies and resources.

A pair of cases being heard by the high court will likely determine whether job-discrimination laws apply to tens of thousands of teachers at religious schools.

A pair of cases being heard by the high court will likely determine whether job-discrimination laws apply to tens of thousands of teachers at religious schools.

The challenge is to maintain and develop the socioeconomic benefits from forests while safeguarding the resource. FAO’s State of the World’s Forests (SOFO) 2014 argues that if the focus of data collection and policy is shifted from trees to people, forests can be sustainably managed to meet society’s growing demands. Read the most important findings: The formal forestry sector employs some 13.2 [...]

The COVID-19 crisis has wreaked havoc on Quebec's economy, with the province recording its highest unemployment rate since at least 1976, when the data was first tracked.

Politicians, pundits and other thoughtful westerners chat about the priorities, preoccupations and politics of Albertans and others who are West of Centre in this podcast series hosted by CBC Calgary's executive producer of news, Kathleen Petty.

Bank of Italy Working Papers by Eleonora Porreca and Alfonso Rosolia

The number of Americans filing for unemployment benefits topped 3 million for a seventh straight week, signaling little relief in sight for the economy since the coronavirus began closing restaurants, factories and offices from coast to coast in mid-March.

Canada shed three million jobs in the last two months due to the coronavirus lockdown, causing the unemployment rate to shoot up to 13% in April, the government reported Friday.

Previous research on the cost of childhood autism has been restricted primarily to studying direct costs (money outlays) incurred by publicly and privately funded service systems.

This study estimates the economic impact on the family and examines indirect costs to families in the form of parental labor market productivity losses. (Read the full article)

Previous research has identified low rates of employment and postsecondary education for youth with autism, but generalizability has been limited by small samples.

Using national data, the authors of this study found that youth with autism are at high risk for no postsecondary education or employment, especially in the first 2 years after high school. Findings highlight the need for improved transition planning. (Read the full article)

Source: www.nbcnews.com - Saturday, May 09, 2020
The U.S. unemployment rate reached 14.7 percent for April - the worst monthly rate since the Great Depression. The White House has projected optimism, saying they expect the economy to rocket upward once coronavirus restrictions are lifted. But many experts think that is not a realistic expectation.

As part of Penn State's 2020 spring commencement activities, Matthew Solovey will represent the College of the Liberal Arts as its World Campus student marshal.

Source: www.consumeraffairs.com - Friday, May 08, 2020
There are a couple of simple ways to stay ahead of the situation, and there's possible relief for those who can't By Gary Guthrie of ConsumerAffairs May 8, 2020 var myLink = "https://my.consumeraffairs.com/tax-relief/get-matched/"; var mySubTitle = "Get matched with an Accredited Tax Relief Partner"; window.onload = function changeLink(){var linkForm = document.getElementsByClassName("wzrd-wg__form")[0];var titleForm = document.getElementsByClassName("wzrd-wg__sbtl")[0];linkForm.setAttribute("action", myLink);if (mySubTitle != ""){titleForm.innerHTML = " " + mySubTitle + " ";}}; The hits keep on comin'! On Friday, the Bureau of Labor Statistics announced that the economy lost 20.5 million jobs in April, with the unemployment rate at 14.7 percent. Thank you, COVID-19. All told, upwards of 22 million Americans have lost their jobs during the pandemic, forcing many to collect unemployment to make ends meet. For some, a bonus of $600 each week in coronavirus relief is being added on. All that is fine and dandy for now, but most of those check recipients are unaware that they're going to have to pay taxes on that money because the IRS views it as "taxable income." Note: the "economic impact payment" Americans received is NOT taxable. "Most people don't realize it. They're thinking in the moment. They don't have much savings, credit is not great and then come April 15, 2021, you have a big tax bill you're not expecting," Ken Lin, the

Source: www.youtube.com - Thursday, April 30, 2020

By Sr. Joan L. Roccasalvo, C.S.J.

We have just celebrated the last civic holiday of the summer. On Labor Day, we reflect on our role as co-workers in God’s vineyard and, with our talents, continue the activity of God our Creator.   Work deepens the truth that we are all made in God’s image and likeness.  Mr. Shakespeare has a word to send us off:  “Proud of employment, willingly I go.”  

The Church’s special care and concern of the worker began in earnest with Leo XIII’s encyclical, Rerum Novarum (1891) when it treated the theme of work. Included in the encyclical was the defense of workers and, in particular, their exploitation.  Since then, every pontiff has integrated Catholic social thought concerning workers as part of the Church’s teaching.  Politicians of all religious stripes have quoted from their writings as part of their own social platforms. According to Ronald Reagan, “the best social program is a job.”

Bearing Fruit

Work is one way men and women discover their dignity because the building up of the culture is the fruit of labor.

The Psalmist uses the image of a garden to describe the just ones who labor in it.  They are fruitful in all they do because they remain rooted in the Lord.  These men and women “will flourish like a palm-tree and grow like a Lebanon cedar. Planted in the house of the Lord, they will flourish in the courts of our God, still bearing fruit when they are old, still full of sap, still green, to proclaim that the Lord is just (Ps 92:12-15). . . . The just are like trees planted near streams; they bear fruit in season and their leaves never wither.  All they do prospers” (Ps 1:3-4).
 
How many cultures have handed down to us the fruits of their labor and the fruits of their creativity!  The Jews through their worship, for example, have given us the weekend as well as the 150 psalms permeated with beauty. Among other benefits, the Greeks gave us Socrates, Plato, and Aristotle who laid the foundations for medieval and modern philosophy. The Romans were master builders, especially of roads, waterworks, and bridges. Had it not been for the medieval European monks, who would have preserved ancient and Christian culture for future generations?  

Unemployment

In virtually every instance, John Paul II considered unemployment an evil and a social calamity.  He placed this responsibility at the feet of the vast enterprise of employers.

For our current pontiff, Pope Francis, “work is not a gift kindly conceded to a recommended few.  It is a right of all . . . and in particular, the young must be able to cultivate the promise of their efforts and their enthusiasm, so that the investment of their energies and their resources will not be useless” (Dec. 2015).

Men and women are our primary natural resource, and the Church has grave concerns about the unemployed and those who are under employed, the working poor.  From these two groups can come other evils; the first among them is hunger.  Social unrest, like disease, crime, and violence are bound to follow.

Indignities of Unemployment

As an evil of the social fabric and against individuals, unemployment robs persons in good health, ready and willing to work, from supporting themselves and their families. What happens to the family when parents lose their jobs through no fault of their own?  The individual members in the family suffer in psychological as well as financial ways. Loss of the weekly paycheck weighs on the family unlike any other burden.

Losing One’s Job

Unemployment comes in different ugly shapes and sizes. It affects Blue Collar workers, Wall Street traders, educators, and other professionals. Even CEOs can be ousted from their high places.

How many are those who have gone from standing tall in satisfying and lucrative jobs to the humiliation of sleeping in nooks and crannies of store fronts, huddled up and penniless? How many men and women have experienced the indignity, the embarrassment, and the emotional heartburn of losing one’s job?  The worker is summoned to the supervisor’s office only to be told his or her services are no longer needed.  A cold speech is delivered in staccato fashion:  ‘I’m sorry, we have to let you go, but it has to be this way. Thank you for your service.’  Often, severance pay does not accompany the loss of employment.  How many have been dismissed without even being told?  The names of college adjunct teachers are routinely deleted from the roster without any explanation, personal or otherwise.      

And what of those new college graduates? John Paul II has written of the particularly painful problem “when the young, after preparing themselves with an appropriate cultural, technical, and professional formation, can’t find a job and see their sincere will to work frustrated, as well as their willingness to take up their responsibility for the economy and social development of the community” (Laborem Exercens:18). The indignities of unemployment!

Statistics on Employment     

The August unemployment figures have been estimated at a low 4.8%, though this impressive figure feels like a lie to so many” (Sarah Kendzior: Quartz, April 20, 2016).

62.6% is the figure given for those who are not participating in the work place. This means that approximately 37% is the unemployment rate.  According to the Wall Street Journal, 4.8% hides the devastating lie for millions of Americans. The jobless rate is low because more and more people are no longer participating in the work place.  This low percent fails to include discouraged workers and those in part-time jobs who seek full-time employment.
Another consideration has to do with sporadic work.  A person who works one hour a week earning $20.00 for that hour is considered employed.

How can breadwinners support a family on the minimum wage? They can’t, these working poor.

While Labor Day focuses on the value of work, loss of employment and financial crisis can provoke despair. Surely there is a limit to how many rejections unemployed persons can sustain before they throw up their hands and succumb to hopelessness, including temptations to end it all through suicide. During times of unemployment the individual can make matters worse by rubbing it in: ‘I’m a loser; I’m a failure.  Everyone knows it’  ‘Why has God permitted put me in this situation when I’ve done my best?  

The Open Wound

What can the unemployed do during the trial of unemployment?  To begin with, it is important to live in the present moment and structure one’s time. While coping with this extreme hardship, energies can be given over to constructive activities that otherwise might not have been possible.  Unemployed men and women have discovered their true vocation quite by accident during the so-called lost time of unemployment.

During this time, it is also important to sharpen one’s professional capabilities, for example, public speaking, retooling one’s writing skills, reading well and memorizing fine poetry.  Numerous agencies need volunteers, especially in tutoring school children.  Finally, there is no better advocate to plead one’s cause than St. Joseph the Worker.

OM's training centre in Bangladesh allowed Gopal to learn new skills to rise above other job seekers and apply for good employment options.

DOVER (January 3, 2020): As part of a systems-wide upgrade to State of Delaware banking processes, the Office of State Treasurer Colleen C. Davis and the Department of Labor have announced improvements to unemployment benefit payment distribution. By the end of this month, the state will move unemployment debit cards to the U.S. Bank ReliaCard®, […]

If you’re in state government, you're well aware of the unprecedented challenges that come with off-the-charts unemployment numbers due to COVID-19. Crashing websites at state unemployment insurance offices and multi-hour phone hold times for the millions of people who've lost their income due to the pandemic are only the most [...]

How analytics is helping state governments head off unemployment claims fraud was published on SAS Voices by Carl Hammersburg

DOVER (April 26, 2018) – The Governor’s Welfare Employment Committee announced the winners of its 2018 TANF Employment Awards of Excellence this week as it recognized 33 employers in Delaware who hire, train and maintain positive working relationships with employees who receive Temporary Assistance for Needy Families (TANF) benefits, and 33 TANF clients who have […]

FTE workers/employees are entitled for all the benefits (except retrenchment compensation as termination of service as a result of completion of the tenure of FTE would not be considered as retrenchment) which are available to permanent employees.

In accordance with the Governor’s amended State of Emergency declaration, the Honorable Cerron Cade, Secretary of Labor for the State of Delaware has issued new guidelines to enhance the flexibility of Delaware’s unemployment insurance program to provide cash assistance to many Delaware workers whose employment has been impacted directly by coronavirus [COVID-19] and who would […]