Health
Australia Says Victoria Jobless Surges as Lockdown Cuts Spending – Yahoo Finance
(Bloomberg) — The coronavirus lockdown in Australia’s Victoria state caused an immediate slump in consumer spending and a surge in job losses this month, prompting the federal government to call for the leader of the second-most populous state to announce a …
(Bloomberg) — The coronavirus lockdown in Australias Victoria state caused an immediate slump in consumer spending and a surge in job losses this month, prompting the federal government to call for the leader of the second-most populous state to announce a plan to reopen the economy.
This has to be the biggest public policy failure by a state government in living memory, Treasurer Josh Frydenberg told reporters in Canberra on Monday.
The number of Victorians receiving unemployment benefits ha…
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