FinTech Silicon Valley Jobs

New Zealand: New figures show young job seekers hit hardest by Covid-19

Young job seekers have been hit hard by Covid-19, with a rise of more than 80 per cent in the number of 18-24-year-olds on the Job Seeker Allowance.

Recent data from the Ministry of Social Development shows the number of 18-19-year-olds on the Job Seeker Work Ready allowance went from 5970 in August 2019 to 11,105 in August 2020. That’s an increase of 5135 young people on the benefit – or a rise of 86 per cent.

The number of 20-24-year-olds on the same allowance went from 14,220 in August 2019 to 26,268 in August 2020. That’s 12,048 more people on the allowance or an increase of 84 per cent.

In comparison, people seeking Job Seeker assistance in the 40-44-year-old age group went from 6774 in August 2019 to 9949 in August 2020 – an increase of just more than 46 per cent. Read more via NZHerald

Pemo Theodore

Pemo Theodore is a Media Publisher & Event Producer and a great people connector.. She is Founder/CEO Silicon Valley TV which has served the San Francisco Bay Area for 11 years! She has produced Silicon Valley Events for Investors & Startups for 9 years. Pemo loves to video interview venture capitalists & founders to engage the human behind the success stories.. She has been Executive Producer of FinTech Silicon Valley for 5 years, organizing twice monthly FinTech talks & panels in San Francisco & Palo Alto. She believes in learning through a great discussion with experts in the domains. Pemo has a talent to bring the right people together and is an incredible networker. Pemo's events have been seen as supporting Venture Capitalists & Angels in sourcing great deal flow from startups who attend her events. Many founders have received funding through meeting investors at her events. Her favored medium is visual media and she has built up a great body of work of videos of panels & interviews in Silicon Valley.startup ecosystem.

SUBSCRIBE FinTech Silicon Valley Jobs youtube

Stay Updated FinTech Silicon Valley Jobs

Follow us on Twitter

%d bloggers like this: