Unemployment and economic growth during the COVID-19 pandemic by Luis Delgado by Luis Delgado https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4 During 2020, with the onset of the pandemic, have the rules of the economic game changed? en-us 2021-12-05 18:47:16 UTC 2025-12-14 07:15:43 UTC hello@padlet.com https://padlet.net/icons/png/1f4b5.png Before the pandemic, unemployment was above a 6% rate. This global situation begins and falls to 14%, now at the end of 2021 it seems to return to its beginnings in 2020 to 6.5% which is very good and represents a good attention from the government and I think that there is also a good reaction from consumers that supported local economies, although there have always been abuses of the population, the balance so far has been better than expected. ludeckluis https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1929844541 2021-12-05 19:35:15 UTC https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1929844541 As an example of the drop in unemployment, especially in the tourism sector such as hotels and restaurants, the number of employees has fallen to almost 13%, which means that many of the employees have to work half shifts to keep their jobs. Although the number has increased in hiring, they are still below their normal parameters. Tourist places like Blue Mountain are already working with their entire workforce.Bank of Canada calls for the reopening of the restaurant industry as an example, but even employers have some problems finding a good response from workers seeking employment. ludeckluis https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1929859448 2021-12-05 19:53:31 UTC https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1929859448 It is interesting to know the opinion outside the official results and to know how these difficult moments were or are going through to obtain a job, which according to experts this crisis has been worse in unemployment than in 2008, although the work of the Canadian government has been very good saving many people from losing their home, work, etc. the world situation and in particular with Canada continues to have problems of niverlar the pre-pandemic economic capacities.It exemplifies some options to be able to get ahead in Canada, although it will always be the one who is better prepared and with better skills who will find a good job faster even in times of pandemic and that applies to everyone. ludeckluis https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1929894553 2021-12-05 20:44:15 UTC https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1929894553 The unemployment rate is well below what the authorities expected and this is reflected in the country's economy, it is thought that there are factors in the US economy that are largely pushing the Canadian economy to generate more employment. ludeckluis https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1929922428 2021-12-05 21:27:12 UTC https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1929922428 With the evident arrival of the 4th wave of Covid in its different variants, many specialists believe that the Canadian bank simulates or does not correctly read the signs of unemployment, since it does not account for jobs. They are still those with the lowest income and that people sometimes have to work in several to obtain more hours.In addition, they say that they are also trying to control increases in the interest rate. All this to contain the bad results of the pandemic and always trying to keep the Canadian economy on the right track. ludeckluis https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1929932457 website 1]]> 2021-12-05 21:43:45 UTC https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1929932457 The internal organization of Canada by its health authorities and government reacted very actively and giving true support to the population with different programs which reduced their negative effects, although in any case they continue to affect the world economy they have been minimized in the past. as far as possible and its effects so far can be controlled by applying direct aid to workers for mortgage payments, daily support, rights, unemployment insurance, etc. ludeckluis https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1929947492 2021-12-05 22:08:49 UTC https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1929947492 The youth population for the nation is a value that every year seeks to generate new employment opportunities and join the country's workforce, all this helping to contribute with taxes, skills, and generating experience to later be able to pass it on to new workers .The unemployment rate has been very low from 1976 to date with an increase in 2020 due to the pandemic effect. ludeckluis https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1929957050 2021-12-05 22:25:15 UTC https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1929957050 An equally important factor that is regularly measured is self-employment. For several years, these have had a sustained decrease in relation to the jobs of established employers, although there is not always a relationship between lost self-employment and employers. In these sectors such as computing and construction are very clear examples where more self-employed are concentrated.With the onset of the pandemic, this trend increased and there are no factors that indicate that it is seasonal, so its projection continues to be downward. ludeckluis https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1930004784 2021-12-05 23:43:40 UTC https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1930004784 This situation has generated global growth, surely humanity will come out of this problem with new experiences and learning in sectors as important as the economy and health. ludeckluis https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1930009584 2021-12-05 23:50:33 UTC https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1930009584 Despite the pandemic or other world situation, the course of the markets is no longer possible to stop them and somehow adapt to the circumstances. The economic world is very fragile and very strong at the same time. ludeckluis https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1930014270 2021-12-05 23:55:20 UTC https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1930014270 What did you learn about your topic that surprised you the most?I learned that we are in this world to learn, work, solve and advance in our lives and leave our knowledge to the next generations. ludeckluis https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1930028582 Provide a real-life example of how this topic is relevant or interesting
for you

The economy is a very important factor for the development not only of a person, family, country, but for all humanity and this health problem only tells us how weak and strong the human being and all his development can be.

f you could pass on your knowledge to a family member or friend, what
do you think is the most important thing to pass on?

Personally, I think that it is an obligation to transmit our experiences to our relatives, friends and especially children, since although some of us do not have a powerful intelligence, we can transmit experiences and try not to make them make our own mistakes, in this case in In particular, I think that this generation that we experience the problems of COVID-19 in the economic and health aspects expressed a strong shock that leaves losses of course in the economic, but will leave greater knowledge and will strengthen in due course the different sectors that influence a modern society .

]]> 2021-12-06 00:12:48 UTC https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1930028582 The economy a process invented by the human being just as perfect and imperfect.COVID-19 directly influences not only world health, it strongly influences the economies of each country and these are reflected in family economies, which humanity is not yet ready to solve this type of problem.The experience gained during this process will be highly valued in the near future and it will be possible to move forward and mitigate its effects on the economy. ludeckluis https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1930037632 2021-12-06 00:22:38 UTC https://padlet.com/ludeckluis/ukd5ad2u0gbdnno4/wish/1930037632