Business
Jobs fall and women bear the brunt as virus hits Melbourne and Sydney – Sydney Morning Herald
The Melbourne lockdown and coronavirus cases in Sydney are hitting the jobs market and consumer confidence.
The substantial falls in the nation’s two largest jobs markets suggest the July employment report could see a further spike in the official measure of unemployment, which reached a 22-year high of 7.4 per cent last month.
Women, many of whom are on part-time or casual work in areas such as accommodation and the arts, suffered a major hit following the Victorian shutdown.
While payroll jobs held by men fell by 0.2 per cent in the second week of July, they dropped by 1.1 per cent for women.
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