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COVID-19 Monitor

Last Updated:October 15, 2020

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America’s great virtual-learning experiment faces glitches nationwide (Axios) Published on: September 8, 2020 | Category: Global Response
  • An estimated 62% of American schoolkids are starting the year virtually, with many of the rest facing the same fate should caseloads rise in their areas.
  • Only 19% have in-person school every day, with another 18% in hybrid formats, according to a Burbio tracker.
  • Three of Texas’ largest school districts were hit with technical problems on the first day of classes, as were school systems in places such as Idaho and Kansas.
How COVID-19 created a new kind of consumer in just 90 days (Fast Company) Published on: September 8, 2020 | Category: Global Response
  • After two decades of steady growth, the trajectory of digital consumerism went into hyperdrive when the pandemic changed everything—giving us ‘Generation N.’
  • As an example, McKinsey also discovered that 75 percent of U.S. consumers have tried different stores, websites, or brands during this crisis.
  • Of those consumers, 60 percent reported that they expect to integrate new brands and stores in their post-pandemic lives.
Most in B.C. think the worst of COVID-19 pandemic lies ahead (News 1130) Published on: September 8, 2020 | Category: Canadian Business
  • 61 per cent of residents say they think the worst os the pandemic ‘definitely’ or ‘probably’ lies ahead.
  • More Canadians are saying they think the worst of the COVID-19 pandemic is yet to come, with British Columbians the most likely to hold this pessimistic view.
  • Back in June, almost half of Canadians were optimistic but in September that number dropped to 37 per cent, according to a new poll.
Food inflation threatens lives and economic recovery (FT) Published on: September 8, 2020 | Category: Economic Impact
  • In rich and poor countries alike, food shortages are a window on to the challenges of the post-pandemic global economy and the consequences of supply chain disruption and lockdowns.
  • There is also the risk that rising food prices could presage a general rise in inflation — which in turn could lead to higher interest rates, threatening economic recovery.
  • The UN’s Committee on World Food Security forecasts that malnutrition will double as a direct result of the pandemic, and more people will die of malnutrition and its associated diseases than from coronavirus.
Vaccine Economics: Where Profit and Public Health Collide (WSJ) Published on: September 8, 2020 | Category: Global Response
  • As government and private money pour into the global race for a Covid-19 vaccine, drugmakers are under great pressure to keep the shot affordable while also keeping investors happy.
  • WSJ explains what this means for the final price tag of the jabs.
With Washington Deadlocked on Aid, States Face Dire Fiscal Crises (NY Times) Published on: September 7, 2020 | Category: Economic Impact
  • Across the nation, states and cities have made an array of fiscal maneuvers to stay solvent and are planning more in case Congress can’t agree on a fiscal relief package after the August recess.
  • Economists warn that further state spending reductions could prolong the downturn by shaking the confidence of residents, whose day-to-day lives depend heavily on state and local services.
  • State and local governments administer most of America’s programs for education, public safety, health care and unemployment insurance.
Netflix’s Reed Hastings Deems Remote Work ‘a Pure Negative’ (WSJ) Published on: September 7, 2020 | Category: Global Response, Leadership
  • Co-CEO, Reed Hastings, of streaming giant discusses company’s culture of candor and how working from home is harder.
  • Not being able to get together in person, particularly internationally, is a pure negative.
  • Hastings: If I had to guess, the five-day workweek will become four days in the office while one day is virtual from home. I’d bet that’s where a lot of companies end up.
Canadians concerned about deficit, split on feds’ ability to rebuild economy: Nanos survey (CTV News) Published on: September 7, 2020 | Category: Canadian Business
  • Most Canadians are concerned about the ballooning federal deficit amid the COVID-19 pandemic but are divided on if they have confidence in the federal government to rebuild the economy, according to a new survey by Nanos Research.
  • The survey of 1,039 Canadians found that more than three quarters of those polled are concerned (47 per cent) or somewhat concerned (30 per cent) about the deficit.
  • Before the pandemic hit, Canada was expected to post a $28.1-billion deficit for 2020-2021. Updated numbers released in July show that number skyrocketing to $343.2 billion, due in large part to record economic aid and stimulus plans that are on-par with Second World War-level spending.
Office work could be changed forever by COVID-19. Here’s why that matters (CBC) Published on: September 7, 2020 | Category: Canadian Business, Global Response
  • Nearly three-quarters of the 3.4 million Canadians who began working from home at the start of the crisis were still working remotely in August, according to Labour Force Survey data released by Statistics Canada on Friday.
  • That research, conducted by Maru/Blue on behalf of ADP Canada, found that 45 per cent of survey respondents would prefer to work remotely at least three days a week.
  • Of the 12 per cent who said they were anxious about returning to their former work locations, 56 per cent said they were worried about contracting the novel coronavirus.
As virus cases drop, governors may gamble on bars. Again. (AP News) Published on: September 7, 2020 | Category: Economic Impact, Global Response
  • Thousands of bars forced to close after massive virus outbreaks swept across the U.S. this summer could be starting to see an end in sight as cases drop off and the political will for continuing lockdowns fades.
  • Bars remain under full closure orders in more than a half-dozen states, including hard-hit ones like Texas but also Connecticut, which has one of the nation’s lowest positivity rates.
  • For some states, it is a gamble worth trying, only a few months after a rush to reopen bars in May and June ended in disaster.
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