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the economic cost of closing schools


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FRANCEINFO

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The Ministry of the Economy has quantified precisely the economic impact of the closure of schools.
In a study carried out at the end of January, the Ministry of the Economy revealed that the closure of middle and high schools, in addition to the closure of certain sectors of activity, would entail a total decrease of 10% of economic activity compared to 2019. Added to a closure of non-essential businesses, as is the case in twenty departments on Monday March 29, this closure would cause a loss of activity of 13%. Total closure of schools and businesses non-essential would entail an 18% drop in GDP.

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With schools closed, parents can no longer always work. But the impact would be weaker this year than during the first containment in spring 2020. “The impact will be more limited parke that there are more childcare possibilities and companies practice less telework ”, considers Anne-Sophie Alsif, chief economist at the Information Office and economic forecasts. New restrictive measures could be announced after the defense council on March 31.



Source site www.francetvinfo.fr

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