Scarring Effects News Today

good morning, everyone. it is christmas. im phil mattingly with poppy harlow. thank you for joining us on this special edition of cnn this morning. we hope you are having a wonderful christmas morning. >> merry, merry christmas. best day of the year i think for our kids. >> definitely for the kids. >> little stressful for the parents. >> this is the point where you start to relax a little bit hopefully. >> it was a busy night for santa and the kids. well go through his naughty and nice...

Mays numbers but still paint a picture of a bleak and faltering recovery and at the same time youth unemployment is hitting record highs. china is counting the cost of week demand. chinese exports fell at the fastest pace in june and a additional factor is the scarring effects of zero covert. the time of deep uncertainty which cost services and businesses to save more. looking ahead, investors and economists are looking towards this expected meeting taking place at the end of the month. the gove...

Suggests chinas post covid boom is clearly over, unquote. economists say this that china is counting the costs of weak demand both at home and abroad. there was flesh out data that came out last week. china reported the exports fell at its fastest pace in three years in june. and anotherer the scarring effects of covid, the uncertainty, caused consumers and businesses to save more, instead of purchasing more. all eyes now on what policymakers in china are going to do next, rahel. >> yeah, i thin...

The focus must remain on the human stories behind the numbers during this uncertain period of economic recovery. By Joshua Lourensz

In the first quarter of 2022, Indonesia’s unemployment rate dropped to 5.83 per cent from 6.26 per cent in the same quarter a year earlier, amid an improvement in the country’s economy after the effects of the pandemic. The country’s youth accounted for almost half of the 8.4 million people unemployed, the total number out of work in the country...

A new report on the ongoing impact of the pandemic on social service providers in Victoria found jobs and labour force participation are far from fully recovered.

It. this was not a green start? it wasnt. sunak— it. this was not a green start? it wasnt, sunak didnt _ it. this was not a green start? it wasnt, sunak didnt even - it. this was not a green start? it l wasnt, sunak didnt even mention climate _ wasnt, sunak didnt even mention climate change. and that is concerning, it is a shock that we risk in _ concerning, it is a shock that we risk in our— concerning, it is a shock that we risk in our economy that would absolutely blow the pandemic and it...

Household is not really going to be going up over the next two or three years despite everything thats in this budget, you dont think was that it this budget, you dont think was thatitis this budget, you dont think was that it is probably factored over the medium outlook and improve partly because we revised down our assumption of the scoring effect of the pandemic on the economy so you get more real growth of the medium—term. abs, get more real growth of the medium-term.— get more real grow...

Thomas Bauer, Sebastian Braun, Michael Kvasnicka About 2.4 million refugees and irregular migrants arrived in Europe in just two years from 2015 to 2016. Compared to economic migrants, refugees typically arrive in a host country with worse language skills and less locally applicable human. They are consequently likely to start at significantly lower levels of wages and employability (Brell et al. 2020, Fasani et al. 2018). Therefore, refugees are often among the most vulnerable immigrant groups...