The coronavirus crisis has clobbered all European economies, but most have avoided a severe spike in unemployment. That's in part because of government programs that directly subsidize workers' wages while also incentivizing employers to keep workers on the payroll by reducing their hours. This approach has shielded much of Europe from the kind of unemployment calamity that's plaguing the United States, where the jobless rate has increased sixfold since January and is now more than double that of the Euro area. Here's a look at how European job markets have fared in the time of coronavirus.
More from GZERO Media
Mastercard made a commitment in 2020 to help 50 million more small businesses accept card payments by 2025, a goal it recently met. Many entrepreneurs are tapping into digital commerce to gain an edge, harnessing the broadcasting power of social media and the data insights revealed by modern payment systems while offering shoppers more choice and convenience in how they pay. Read more about how Mastercard is helping provide small business owners with the newest payment technologies and data insights so they can succeed in the digital age and build a stronger, more resilient economy.
How Trump 2.0 could reshape US foreign policy, with the New York Times' David Sanger
November 23, 2024
Listen: New York Times national security and White House correspondent David Sanger joins Ian Bremmer on the GZERO World Podcast to break down the foreign policy implications of Trump 2.0.
Trump’s return to power—amid global wars, strained alliances, and economic tensions—could radically reshape the world order. It threatens to deepen rifts with Europe, complicate Middle Eastern conflicts, and push US-China relations to a breaking point. That might not be a bad thing, according to Ian Bremmer. He breaks it down on Ian Explains.
As Trump makes his cabinet picks, there's a lot more clarity on the national security side than there is on the economic side, says Jon Lieber. He breaks down the key picks and the key roles that remain open so far.
Russia MOD via EYEPRESS, from Reuters.
All sides are pulling out the stops right now -- for one important reason.
REUTERS/Amir Cohen
These warrants will pose a test for Israel’s Western allies if Netanyahu ever plans to visit, and raises questions over how they should interact with the Israeli leader more generally.
USA TODAY NETWORK via Reuters Connect
Matt Gaetz announced Thursday that after meeting with senators, he would not go through with the nomination process to become Donald Trump’s attorney general, claiming he did not wish to be a “distraction.”
Are you a reporter and writer with creative flair and an academic or professional background in international politics? Do you think it's more important than ever to help the general public understand the dizzying political changes in the world today? If so, you could be a strong candidate to fill our opening for a senior writer on the GZERO Daily newsletter team.
REUTERS/Raquel Cunha
The lower house of Mexico’s Congress approved the text of a constitutional proposal to scrap oversight bodies on Wednesday, a first step in the ruling Morena party’s goal of eliminating autonomous institutions and consolidating power.
Hard Numbers: Adani’s alleged big bribe, Ortega wants to promote his wife, Australians want teens off social media, Trump expands into knock-off guitars
November 21, 2024
REUTERS/Anushree Fadnavis
© 2020 GZERO Media. All Rights Reserved | A Eurasia Group media company.