Business
Unemployment hits 7 per cent as federal government payments to workers taper – NEWS.com.au
Unemployment hits 7 per cent as federal government payments to workers taper
The countrys unemployment rate has risen to 7 per cent, with 25,500 Australians now looking for work. Latest figures from the Australian Bureau of Statistics show unemployment for October rose 0.1 per cent compared with the previous month, reflecting the first month since the federal government tapered JobKeeper and JobSeeker payments.
Unemployment for the month of September was 6.9 per cent.
Despite an increase in the unemployment rate, 178,800 people found a new job, and total hours improved by…
-
Noosa News22 hours agoThieves ram car into Bribie Island shopping centre to rob jewellery store
-
Business13 hours agoWarren Buffett says buy this index fund. It could turn $400 per month into $851,800 with help from Apple, Nvidia, and Tesla.
-
General24 hours ago‘You worry’: fears in Iranian community after bombing
-
Business24 hours ago3 ASX 200 shares to buy for the year ahead