The Career Builder's Podcast

The Pandemic Economy and Your Career with Chris Ragan and Bill Robson

Episode Summary

What's really going on in the economy these days? Two of Canada's preeminent economists weigh in on where we're at, and what you should be thinking about as we progress through "The Great Shutdown."

Episode Notes

Topics Covered

• Bill Robson - President and CEO of the C.D. Howe Institute
• Chris Ragan - Founding Director of McGill University’s Max Bell School of Public Policy
• The current state of the economy in Canada during the COVID-19 pandemic
• The biggest challenge we're facing is knowing when to restart the economy and understanding the new normal
• The differences in economies globally
• We're dealing with a supply shock - firms want to produce but can't, people want to work but can't
• How government policy response isn't prepared for this kind of shock
• Will unemployment, underemployment and the gig economy trends of the 2008 recession happen again?
• Possible employment opportunities from this pandemic
• Working from home opportunities and challenges
• Will there be changes in the way businesses organize themselves after this pandemic?
• How household debt and savings might change due to these circumstances
• How economic stimuli affects individuals vs businesses
• Should we be finding ways to pay back the public debt sooner?
• How we as individuals can impact the economy
• For those of us who are not economics buffs, which indicators we should pay attention to
• Career advice
  • "Become an expert on something" - Bill Robson
  • "Learn how to communicate your expertise" - Chris Ragan