Then got here COVID-19, and with it, massive job losses, shrinking of economies and loss of livelihoods, notably for women. Here’s how COVID-19 is rolling again on ladies’s economic gains of past many years, until we act now, and act deliberately. While everyone is dealing with unprecedented challenges, women are bearing the brunt of the economic and social fallout of COVID-19. For the domestic employee in Guatemala, the pandemic has meant no job and no unemployment advantages or different safety.
The seasonally-adjusted unemployment price dipped to four.7{be58ab02b5dee2faacfb6cf0f54a1d6a0fb25b33837c08d8a7a1921451b91f82} in Q from four.9{be58ab02b5dee2faacfb6cf0f54a1d6a0fb25b33837c08d8a7a1921451b91f82} in the previous quarter. Jobless claims fell again to the lowest degree since the pandemic took maintain greater than a year in the past, one other signal the labor market is rebounding this spring. Data out this week are anticipated to point out the U.S. economy absolutely hitting its stride at the start of the second quarter. The U.S. plans to borrow almost $1.3 trillion over the following two quarters as federal spending picks up following the Covid-19 reduction bundle enacted in March, the Treasury Department mentioned. The U.S. trade deficit widened to $seventy four.four billion in March on document demand for imported goods.