Some potential strategies to reduce unemployment rates post-pandemic could include: 1) Encouraging entrepreneurship and small businesses, which are often the backbone of the economy and a major source of job creation. 2) Investing in education and training programs to equip workers with the skills needed for the jobs of the future. 3) Implementing policies that promote job creation, such as tax incentives for businesses that hire new employees. 4) Expanding social safety nets to protect those who are most vulnerable to job loss. 5) Promoting flexible work arrangements, such as remote work, which can open up new job opportunities for those who may not have been able to work in traditional office settings.
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What will the world of business look like after the coronavirus pandemic? The pandemic will accelerate every trend by a decade and redefine entire ind...
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Ecommerce's share in U.S. retail was growing at about one percent every year. Within eight weeks of the pandemic, the number jumped from 16% to 27%. A decade of ecommerce growth took place in eight weeks. Apple took 42 years to reach $1 trillion in value and just 20 weeks to grow to $2 trillion. Trends in economic inequality and unemployment have accelerated as well. Twenty million jobs were added over the last ten years. Forty million jobs were lost within ten weeks. Forty percent of households with income below $40,000 were laid off or furloughed compared to just 13% percent of households over $100,000.
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