impact of coronavirus

Chair 
Graeme Roy, Fraser of Allander Institute 

Guests
Emma Congreve, Fraser of Allander Institute 
Stuart McIntyre, Fraser of Allander Institute

Timestamps

(00:34) What do we know so far on the labour market and what is coming down the line?
(05:20) Outlook for household incomes and what has happened so far
(08:41) What do we need to think about beyond the headline unemployment numbers?
(10:31) Additional dimension that’s brought by consolidated job losses in certain sectors/localities and the impact on particular groups of people
(15:00) What happens at the end of the furlough scheme and what else could the government do here?
(20:25) Is the focus on young people the right place to put the focus on employment support schemes?
(22:40) The suitability of the current UK Government social security policy in a labour market where employment opportunities are severely constrained.
(26:00) When will we get more updates on the labour market and what will remain unknown?

Chair
Graeme Roy, Fraser of Allander Institute 

Guests
Mairi Spowage, Fraser of Allander Institute 
David Eiser, Fraser of Allander Institute 

Timestamps

(00:27) What we know about how the economy is performing

(01:50) How are different sectors faring

(03:05) Global effects

(03:39) What will the real world effects be?

(04:50) What are business telling us about how they are faring?

(07:01) What will be the effects as the Job Retention Scheme is removed? 

(07:35) Policy Response

(10:18) What do we know about the Scottish Budget and how consequentials have been spent

(12:10) What is the outlook for the Scottish Budget?

(13:51) When might we know more about future budgets?

(17:37) Fiscal Framework Implications

The Numbers:

Today, April 17 2020:

Worldwide number of deaths: 153,000

Worldwide Cases: 2.2 million 

U.S. Deaths: Over 37,000

U.S. Cases: Just under 700,000

Nevada Deaths: 142

Nevada Cases: 3524

For context, New York numbers rose to 230,500 cases and over 17,000 deaths.

The News:

The New York Times had a piece today about how this virus is putting a spotlight on the inequities in our economic system

We also check in with the MIT Living Wage Tracker, to explore the numbers underpinning the NYT piece.

Following up on our Wednesday show, David Ferrera of the Review Journal reports that Clark County Sheriff Joe Lombardo has authorized the release of hundreds of non-violent detainees from the Clark County Detention Center.

The Federal Reserve is quietly loaning money to states for support of businesses and unemployed workers.

The Interview:

The Henderson Pavilion was build in the late 1990s as a performing and gathering center for the new Green Valley Ranch area. But it was an outdoor pavilion, in a city that sees 100+ temperatures five months out of the year. Now, as costs for shoring up the crumbling facility rose, the City is looking to build a multi-use arena that would house artists and schools and community groups - and a minor league hockey team owned by the Golden Knights. This has engendered a bit of pushback from residents, who don't want the traffic or parking issues. We talk to Rob Herr, assistant city manager and chief infrastructure officer of Henderson.