Business
Coronavirus: Unexpected drop in unemployment rate but COVID-induced recession could last years – NEWS.com.au
Coronavirus: Unexpected drop in unemployment rate but COVID-induced recession could last years
Australias unemployment figure has shocked pundits by unexpectedly falling to 6.8 per cent as the economy roars back to life in the states that have managed to reopen the economy.Border closures and the coronavirus lockdown on Victoria have had a huge impact on the unemployment rate with some states that have reopened recording a surprise jobs boom.
According to the Australian Bureau of Statistics, total jobs increased by a surprising 111,000 jobs in August, a figure propped up by the creation …
-
Noosa News18 hours agoWoman was watching keepers work when lion attacked, Darling Downs Zoo says
-
Noosa News17 hours agoWorking for someone else made it hard to care for my daughter. So I quit
-
General21 hours agoDeveloper warns wind energy capacity may not be ready by WA coal deadline
-
General14 hours agoQantas ‘contacted by potential cybercriminal’ after attack on data of up to 6 million customers