{"id":21339,"date":"2021-07-06T07:16:50","date_gmt":"2021-07-06T04:16:50","guid":{"rendered":"https:\/\/bazaartimes.com\/?p=21339"},"modified":"2021-07-06T07:16:58","modified_gmt":"2021-07-06T04:16:58","slug":"pandemic-last-year-cut-working-age-incomes-in-eu","status":"publish","type":"post","link":"https:\/\/bazaartimes.com\/pandemic-last-year-cut-working-age-incomes-in-eu\/","title":{"rendered":"Pandemic last year cut working-age incomes in EU"},"content":{"rendered":"\n<p><strong><em>Income losses stemmed mainly from reduced working hours due to pandemic measures, says Eurostat<\/em><\/strong><\/p>\n\n\n\n<p>In 2020, when pandemic measures such as lockdowns and travel bans depressed economic activity worldwide, the median employment income of the working age population (18-64) in the 27-member European Union was down 7% from the previous year, the bloc said Monday.<\/p>\n\n\n\n<p>&#8220;However, the median disposable household income as well as the at-risk-of-poverty rate remained stable, with varying trends across countries,&#8221; said the EU&#8217;s statistical agency Eurostat announced.<\/p>\n\n\n\n<p>A statement said the losses stemmed mainly from reduced working hours, while &#8220;the usual government transfers and taxes as well as temporary policies helped to offset the impact of the COVID-19 crisis on disposable household income.&#8221;<\/p>\n\n\n\n<p>These measures were important for stabilizing wages and incomes, especially for lower-income people, who were hit harder by the pandemic fallout, it added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Income losses stemmed mainly from reduced working hours due to pandemic measures, says Eurostat In 2020, when pandemic measures such as lockdowns and travel bans depressed economic activity worldwide, the &hellip;<\/p>\n","protected":false},"author":2,"featured_media":21340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false},"categories":[1036],"tags":[1248,1451,137,980,670,1707,1875],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/bazaartimes.com\/wp-content\/uploads\/2021\/07\/shadows.jpg?fit=714%2C397&ssl=1","_links":{"self":[{"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/posts\/21339"}],"collection":[{"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/comments?post=21339"}],"version-history":[{"count":1,"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/posts\/21339\/revisions"}],"predecessor-version":[{"id":21341,"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/posts\/21339\/revisions\/21341"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/media\/21340"}],"wp:attachment":[{"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/media?parent=21339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/categories?post=21339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/tags?post=21339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}