Business
Is Australia out of recession? Yes, but many people are still out of work and feeling the pain – ABC News
It is politically difficult to sell a good news story when about 1 million Australians are still out of work and many are struggling to pay their rent and bills….
It is politically difficult to sell a good news story when about 1 million Australians are still out of work and many are struggling to pay their rent and bills.
The latest jobs figures from the Australian Bureau of Statistics (ABS) showed 960,900 people were considered officially unemployed in October, down from 1,008,300 in July.
But then the ABS’s national accounts data out on Wednesday showed GDP grew 3.3 per cent in the September quarter, as most states and territories eased COVID-related restrictions.
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