Which Jobs Are Really Worth Saving?

The pandemic has raised the specter of mass unemployment across many developed economies. In Europe, governments stepped in to help pay millions of workers, hoping the crisis would quickly pass and businesses reopen. But with normality nowhere in sight and fresh waves of infection prompting new restrictions, the question now is which jobs should we try to save? On this week’s episode, Bloomberg economy reporter Jeannette Neumann reports from Cadiz, Spain, where old industries hold lessons for the present battle to save jobs. Stephanie Flanders also talks with leading economists Paul Collier and John Kay about their new book, “Greed Is Dead,” and why Gordon Gekko might have been wrong. Community, it turns out, plays a surprisingly large role in capitalism. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Om Podcasten

Will Covid-19 reshape the global economy or simply shrink it? What are nations doing to protect jobs and businesses from the fallout, and what will the long-term consequences be for labor markets, global supply chains and government finances? On Stephanomics, a podcast hosted by Bloomberg Economics head Stephanie Flanders—the former BBC economics editor and chief market strategist for Europe at JPMorgan Asset Management—we combine reports from Bloomberg journalists around the world and conversations with internationally respected experts on these and other issues to bring the global economy to life.