The US government spends hundreds of billions of dollars every year--more than any other government in the world--to stay at the cutting edge of science and technology. And yet when an incredibly predictable crisis hit, we were caught completely flat-footed. This is a failure of modern US science policy--a policy that dates all the way back to World War II. After the war, policymakers called on Congress to strengthen the nation's pipeline of scientific talent and ideas. What followed was a golden age--a dramatic expansion of government support for fundamental research and education to complement a deep bench of applied R&D labs within industry. Thanks to these combined strengths, the country quickened the pace of scientific discovery and laid the technological foundation for our entire modern economy across telecommunications, space, defense, and health.
Healthcare funding reached record levels in the third quarter of 2020, according to CBInsights. Healthcare funding hit a new record in the third quarter of 2020, according to new data from CBInsights. Healthcare companies around the world raised a total of $21.8 billion, compared to last quarter's record of $18.4 billion. The total number of deals also increased 18% quarter-over-quarter, from 1,299 deals to 1,539. It may be no surprise that telehealth, in particular, broke records when it came to the number of deals and dollars.
Official figures show that Spain's unemployment rate edged up slightly to 18.8 percent in the first quarter, interrupting an overall downward trend in recent years. The National Statistics Institute said Thursday that the number of people out of work rose by 17,200 January through March to a rounded 4.3 million. The figures contrasted with those of the fourth quarter of 2016 when the rate fell to a seven-year low of 18.6 percent. The institute said that over the year, the unemployment rate dropped by 2.3 percentage points. Spain's unemployment peaked at 27 percent in 2013 just before it began to emerge from a tough five-year financial crisis The country still has the second-highest unemployment rate in the 28-country European Union behind Greece.