The recent rise in COVID-19 cases and the Egypt Email List emergence of the Omicron variant pose downside risks to employment and economic activity and greater uncertainty for inflation. Increased concern about the virus could reduce people’s willingness to work in person, slowing Egypt Email List progress in the job market and intensifying supply chain disruptions. ” If there are doubts, to think that the inflationary problem and the delay in the recovery of employment impoverishes the sectors most affected by the contemporary social economic order. This conclusion is explicitly stated in Egypt Email List a recent ECLAC and ILO report for the Latin American and Caribbean region: “…
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The inflationary dynamics observed in the first six Egypt Email List months of the year could have a negative impact on the real compensation of workers and, therefore, on household consumption.”  The pandemic manifested itself as a recession in 2020 and had regressive impacts with Egypt Email List rising unemployment and falling popular incomes, with a Latin American and Caribbean region particularly affected, which led ECLAC to define the last decade as a loss in terms of combat to poverty. In the conjuncture of 2021 and the differentiated rebound, in the IMF’s language, the Egypt Email List regressively of the region is evident,
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which with 8% of the world population Egypt Email List accumulates more than 30% of infections and deaths from COVID, which despite the announcements does not finish retiring. The problem is capitalism and the recipes suggested by the FED, including ECLAC and the ILO, point to a Egypt Email List decomposition of the market based on structural reforms that aim to improve the conditions of production and reproduction of the logic of exploitation and looting. Contrary to these recipes, what is required is a counter-course of capital’s offensive for rent, based and sustained on the Egypt Email List production and reproduction of life, social and natural.