Business
‘They were terrible times’: How Australians remember the 1990s recession – ABC News
Parents sick with worry, work drying up almost immediately and battling through six interviews for a retail job. This is how some Australians remember the country’s last recession.
Australia’s last recession was almost 30 years ago.
But memories of dole queues, painfully high interest rates and tight budgets are still fresh in the minds of many.
Here is how some readers remember Australia’s last recession.
Work just dried up: redundancies and hours cut
Teresa R remembers going through six interviews for a retail job:
I remember the recession in 1991. I had just completed 4 years at university, and there were no jobs.
I lined up with hundreds of others in the city…
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