But the first wave of government rescue packages has exposed another reality: The pain will depend largely on where people live. Oh my God,” said Jose Luis Candia, 34, who lost his two jobs busing tables at high-end Manhattan restaurants. That is in addition to a programme aimed at larger companies, called “kurzarbeit,” or “short-time working,” that covers lost wages for employees who are sent home, to avoid laying them off. Economists expect about 2 million workers to receive aid under the programme, more than during the financial crisis a decade ago. The Malaysian government has offered monthly assistance to the unemployed and lump payments to workers in certain sectors.

Source: bd News24 March 24, 2020 03:45 UTC