COMPARING GOVERNMENT ECONOMIC RESPONSES TO COVID-19: SHORT-TIME WORK AND SIZE OF STIMULUS PACKAGE MATTER MOST

Research published today by the Adecco Group compares twelve countries in dealing with the labour market and economic consequences of the pandemic:

Size of the stimulus package and effective implementation of short-time work programmes have the largest positive impact
Switzerland, Sweden and Germany show the most favourable economic indicators.This research covers Austria, Belgium, France, Germany, Italy, Japan, Netherlands, Spain, Sweden, Switzerland, the UK, and the USA.Based on the report findings five recommendations have been made.