Report
Bruno Cavalier

US: lockdown has already destroyed 15% of all jobs

There have been times when a sector or a region has been hit by an external shock such as a strike or natural disaster. In such cases, the fall in employment corrects itself very quickly. Never before has the entire economy suffered the same fate. In April, more than 15% of workers lost their jobs. The Treasury has a transfer programme to (partly) compensate for the loss of income. In addition, the Paycheck Protection Program encourages companies to re-hire their workers, but aga...
Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Bruno Cavalier

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