Which sectors may miss out on plans to support ‘viable’ jobs?



a man wearing a suit and tie: Rishi Sunak gives a virtual news conference in Downing Street (John Sibley/PA)


© John Sibley
Rishi Sunak gives a virtual news conference in Downing Street (John Sibley/PA)

A coronavirus support plan announced by the Chancellor aimed at protecting “viable” jobs has raised questions over which sectors of the economy will be left behind.

The Job Support Scheme (JSS) will allow staff to be paid by their employer for working at least a third of their usual hours.

Chancellor Rishi Sunak said it is “impossible” to predict how many roles the scheme will support – declining to say which roles he thinks have now become unviable.

He told reporters: “It’s not for me to sit here and make pronouncements upon exactly what job is viable or not but what we do need to do is evolve our support now that we’re through the acute phase of the crisis.”

The PA news agency looks at some of the sectors which have questioned how they

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Xi stresses development of education, culture, health, sports sectors



Xi Jinping sitting on a table


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Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, presides over a symposium attended by experts or representatives from China’s education, culture, health and sports sectors in Beijing, capital of China, on Sept. 22, 2020. (Xinhua/Ju Peng)

BEIJING, Sept. 22 (Xinhua) — President Xi Jinping on Tuesday stressed promoting the development of China’s education, culture, health and sports sectors to strengthen people’s sense of fulfillment, happiness and security.

Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, made the remarks at a symposium attended by experts and representatives from the sectors to solicit opinions on the economic and social development in the 14th Five-Year Plan period (2021-2025).

While presiding over the symposium, Xi said the Party and the state

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Covid-19 threatens gains in health and education sectors: WB – Newspaper

ISLAMABAD: ‘Human Capital Index’, a new analysis published by the World Bank, says that the Covid-19 pandemic has threatened hard-won gains in health and education sectors over the past decade, especially in poor countries.

Investments in human capital — the knowledge, skills and health that people accumulate over their lives — are keys to unlocking a child’s potential and to improving economic growth in every country, according to the just-published Index.

The Index includes health and education data for 174 countries — covering 98 per cent of the world’s population — up to March 2020, providing a pre-pandemic baseline on the health and education of children.

Most nations made steady progress before pandemic in building human capital of children

The analysis shows that pre-pandemic most countries had made steady progress in building human capital of children with the biggest strides made in low-income countries. Despite this progress and even before

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Stocks fall but end off session lows as investors continue to rotate out of tech and momentum sectors

MARKET SNAPSHOT



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Stocks finished with losses but off session lows in choppy trade on Wall Street on Friday, with some previously unloved sectors finding support as technology and other highflying segments felt the pressure of continued profit-taking.

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U.S. markets on Monday will be closed in observance of Labor Day, a factor that might have added to market volatility by sapping volume in the run-up to the long holiday weekend.

How did stock-market benchmarks perform?

The Dow Jones Industrial Average (DJIA) closed 159.42 points lower, down 0.6%, at 28133.31, after falling 628 points at its session low. The blue-chip gauge bounced in the final hour of trading, briefly pushing back into positive territory before falling back. The S&P 500 index (SPX) dropped 28.10 points, or 0.8%, to finish at 3,426.96, while the Nasdaq Composite Index (COMP) declined 144.97 points, or 1.3%, to end at 11,313.13. The

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