COVID continues to thrash Australia’s tourism industry // The Motley Fool Australia

Last week I wrote about how everyone was cheering over the latest jobs data. The December 2020 jobless rate slid slightly lower, hitting 6.6% compared to November 2020’s rate of 6.8%.

Furthermore, The Australian Financial Review (AFR) reported Thursday that, nationwide, “More than 90% of jobs lost in the COVID-19 crisis have been regained at a pace faster than economists expected…”

Things like the improving jobs numbers and record breaking iron ore prices are positive economic indicators for Australia. However, as the country continues to march through the pandemic, many parts of the tourism industry are still getting annihilated.

The COVID hit copped by the Aussie tourism industry

Tourism Research Australia’s State of…