Estonian economist: Future unemployment rate to show efficiency of aid measures

  • 2020-05-01
  • BNS/TBT Staff
States have launched their first aid measures to cope with the economic downturn, the efficiency of which will be measured by the rate of unemployment, chief economist at Luminor Tonu Palm said, adding that the states that proved most effective in their action in mitigating the previous crisis were the ones that provided entrepreneurs with sufficient wage support to prevent redundancies. "The current increase in unemployment and the speed at which it will abate over the next few years will show how well the measures we've picked in cooperation with the private se...
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