The OECD has recommended that governments top up unemployment benefits on temporary basis to ensure that economies do not suffer a further shock from the coronavirus. (PA)The Organisation for Economic Co-operation and Development (OECD) is recommending that governments top up unemployment benefits on temporary basis to ensure that economies do not suffer a further shock from the coronavirus. The proposals came as the government here moves to cut the €350 a week Pandemic Unemployment Payments and shift workers who have lost their jobs to the less-generous jobseekers allowance and amid complaints from some employers that they cannot workers. The Paris-based OECD is a grouping of the world’s 37 richest nations and provides policy advice. “In Israel, for instance, the government introduced a recall subsidy of around $2,100 at the end of May,” it said.

Source: Irish Independent June 17, 2020 14:36 UTC