Chilean President Sebastian Pinera announced on Sunday the launch of $2 billion in subsidies aimed at creating new jobs or recovering those lost during months of lockdown aimed at stemming the coronavirus pandemic in the globe's top copper producer.
FILE PHOTO: A trader puts up a tape to control the access to his store as a commercial area opens during the coronavirus outbreak, in Santiago, Chile, August 17, 2020. The banners read 'Maximum entry of 2 people' and 'Mandatory use of mask.' REUTERS/Ivan Alvarado/File Photo
Pinera said the government would pay private businesses up to 50%, or as much as $317 of the salaries of any newly hired employee for the next six months. A similar program will cover up to around $200 of the salaries of employees who return to work after a furlough period during the coronavirus crisis.
Pinera’s center-right government has in recent months announced emergency measures responding to the pandemic including spot payments, soft loans, mortgage payment holidays and rent subsidies worth more than 12% of gross domestic product.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How To Cope With A Job Hunt During A PandemicAs if you didn’t have enough stress with the pandemic, now you are on the hunt for a job.
Read more »
High-paying freelance jobs where you can earn $80,000 or more during the pandemicThere are many freelance jobs in America that let you earn $80,000 in annual income or more during the current Covid-19 pandemic.
Read more »
Queen Latifah, Gabrielle Union Help Raise Funds for The American Lung Association’s COVID-19 Action InitiativeThe two-hour benefit also brought forth scientists and healthcare workers to spread awareness on ongoing healthcare disparities affecting marginalized communities during the pandemic.
Read more »
Prince Harry and Meghan Markle Are Reportedly 'Eager to Get Back' to the U.K. for Christmas This YearPrince Harry and Meghan Markle hope to bring Archie back to the United Kingdom for the holidays, but the coronavirus pandemic may make it difficult.
Read more »
BTS Is Dropping a New Album SoonThe boys have been hard at work during the pandemic.
Read more »
COVID-19 pandemic has cut into side jobs tooThe pandemic is hitting side hustles as well as careers, and it's creating challenges for parents and exacerbating anxieties about retirement.
Read more »