Analysts: the resumption of the economy may improve employment

By: Trademagazin editor Date: 2020. 07. 31. 11:20

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The moderate increase in the unemployment rate is treated with caution by analysts because a significant proportion of those who lost their jobs due to the pandemic situation could not meet the statistical methodological conditions.

The resumption of the economy in the second half of the year could improve the employment situation somewhat, however, by the end of the summer government subsidies will run out and transform, while orders and companies’ expected revenues will not return to the desired level – according to analysts interviewed by MTI. (MTI)