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 …
-
General23 hours agoNRLW Sunday: Brisbane Broncos hammer Newcastle Knights, Cronulla Sharks move to third on ladder
-
Noosa News13 hours agoForum responds to urgent homelessness issues in Nambour
-
General12 hours agoEnergy provider ENGIE to ‘correct’ electricity bills for thousands of South Australian customers
-
Noosa News12 hours agoQueensland weather forecast sees sunny weather for last week of winter