Chart pack and analysis attached.
The rapid and devastating effect of Covid-19 on the labour market is unprecedented based on this week’s jobless claims. Initial claims in week ending came in at 3,283k which looks like a data error rather than an actual real data point. But real it is, and further increases look likely in the coming weeks as the economic stop continues to push people out of employment.
Trying to look beyond to what the day after looks like is important, particularly at a political level. Will it be a blow or a boost to the populists? In the US, France and Germany it looks like it will be a reminder to voters of the damage populists can do. There is a broad feeling that serious government is required.
Chart pack and analysis attached.
Chart pack and analysis attached.
Europe has, for the time being, become the focal point of coronavirus contagion. Its epicentre is Italy (Figure 1), which…
Chart pack and analysis attached.
Chart pack and analysis attached.
Following on from our recent reports on the Wuhan Cornonavirus, the following spreadsheet offers a detailed breakdown of infections, spread and fatalities. This will be updated on an ongoing basis.