Market Intelligence Reports

Quarterly Global Market Report Q4 2020

Issue link: https://read.uberflip.com/i/1324354

Contents of this Issue

Navigation

Page 36 of 94

37 November, 2020 Uruguay Global: 33 Availability: 49 Cost: 59 Regulation: 20 Productivity: 25 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 21) Region: 5 Availability: 6 Cost: 18 Regulation: 3 Productivity: 8 Remote Readiness 7 Remote Readiness 41 $0.5 billion USD has been spent on the healthcare sector and other measures to mitigate the impact of the Covid-19 pandemic. Easing of criteria to access unemployment insurance Both cash and food parcels for vulnerable households Increased sick leave benefits in particular for older workers so that they don't need to leave home Reduction or deferment of pension obligations and utility payments The government subsidized the wages of any new hires for a period of 3 months Cash subsidies for employees in the construction industry https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 With some limited exceptions, only Uruguayan nationals and residents are allowed to enter Uruguay. If entry is allowed, a negative Covid- 19 test and a 7 day quarantine period are required. Essential services are open and schools and universities are open for face to face classes. 0.8% 4.5% 0% 20% Uruguay Regional Ave. % of GDP Uruguay Q4 2019* Q4 2020* % Change YOY Total Workforce 1.77M 1.77M +1% Unemployment Rate (%) 9.5% 11.0% +16% Unemployed Workers 168K 195K +16% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Covid-19 Government Spend as % of GDP Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) *Reported figures at Q4 each year https://covid19.who.int/ https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in- Response-to-COVID-19 Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/

Articles in this issue

Links on this page

view archives of Market Intelligence Reports - Quarterly Global Market Report Q4 2020