Effects of the Covid-19 crisis on the Northeast labor market

Abstract

The purpose of this article is to analyze the effects of the Covid-19 crisis on the labor market in the Northeast. The work was elaborated from the bibliographic research and the systematization of available statistical indicators until the month of May 2020. It appears that the social isolation measures to combat the evolution of the coronavirus pandemic impacted the fall in formal occupations and the deepening precariousness of the regional labor market. The situation has been offset in the short term by the unemployment insurance policy and the income transfer policies, especially the Bolsa Família Program and Emergency Aid. Such measures, despite their importance, are insufficient, requiring a balanced resumption of economic activities, as well as strengthening the collective articulation of workers and federated entities in defense of a broad government strategy for generating employment and income in the region.