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Study: US health workers had lower rise in joblessness amid COVID

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After the COVID-19 pandemic began, US healthcare workers (HCWs) had a lower overall increase in unemployment than those in other professions, but HCWs in lower-paying roles were more likely than their more highly compensated counterparts to be jobless, findings that may have implications for patients and the labor force, according to a study published yesterday in JAMA.Noting that HCW burnout and turnover were increasing even before the pandemic, researchers from the Wharton School and the Colorado School of Public Health assessed changes in unemployment rates among HCWs and other professionals from January 2015 to April 2022.The team used the Integrated Public Use Microdata Series Current Population Survey, a monthly survey administered in person or by phone to about 65,000 US households to gather how many working-age people are jobless, seeking work, or available for employment.Monthly response rates ranged from 67% to 88%.

A total of 507,985 HCWs responded; their age range was 25 to 70 years, and most were women, White, and graduates of 4-year college-degree programs.Hospital HCWs less subject to unemploymentBefore the pandemic, 2.28% of HCWs and 3.82% of non-HCWs reported being unemployed, rising to 3.18% of HCWs and 6.13% of non-HCWs amid the pandemic (unadjusted differences, 0.90 percentage points for HCWs and 2.31 for non-HCWs).

After adjustment, the rise in unemployment was smaller for all HCWs than for non-HCWs (difference, -0.66 percentage points) and for hospital-based versus those in other settings (-0.63 percentage points).From before to during the pandemic, HCWs with lower incomes than physicians saw larger unemployment increases, including therapists and technicians (adjusted difference, 1.63 percentage

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Japan to support Sri Lanka’s debt restructuring negotiations - - China - Japan - India - Sri Lanka - city Tokyo - city Colombo
Japan to support Sri Lanka’s debt restructuring negotiations
COLOMBO (News 1st) – Japan, one of Sri Lanka's main creditors, will back the South Asian nation as it seeks to restructure about $30 billion of its foreign debt and find a way out of a crippling economic crisis, Tokyo's envoy to the country said on Friday.Reaching an agreement with creditors is key to Sri Lanka securing a $2.9 billion bailout package from the International Monetary Fund (IMF)."Japan stands by Sri Lanka in support of the debt restructuring negotiation process so that Sri Lanka can reach the final agreement with the IMF," Ambassador Hideaki Mizukoshi said in an interview.Japan holds around $3.5 billion of Sri Lanka's total bilateral debt of about $10 billion, amounting to 4.4% of the island's GDP, according to government and IMF data.Japan is also a major trading partner."Japan intends to play a constructive role with other creditor countries, including China and India," Mizukoshi said.Sri Lanka is facing its worst economic crisis in decades, with severely depleted foreign exchange reserves leading to prolonged shortages of essentials, including fuel and food.The financial turmoil is the result of economic mismanagement and the impact of the COVID-19 pandemic that upended Sri Lanka's lucrative tourism industry.Although Japan will support the debt negotiation process, Mizukoshi said that talks on large infrastructure projects will only be resumed after Sri Lanka's economy recovers."In the future, when this economic crisis is over and the economic conditions are in good shape, we can restart that kind of discussion," he said.Sri Lanka suspended a $1.5 billion Japanese-funded light rail project for the commercial capital Colombo in 2020, citing financial problems.Regional rival China has built ports,