Chile announces $2 bn plan to bring back jobs lost due to COVID-19

Chilean President, Sebastián Piñera, announced a $2 billion plan to subsidize the recovery or creation of jobs lost due to the application of restrictive measures to curb the coronavirus pandemic. The government will pay up to 50%, capped at about $317, of the salaries of newly hired workers and will cover up to about $200 of the salary of employees who return to their jobs after a period of suspension.

Source: Reuters