Connect with us

Business

Victoria could lose more than 300,000 jobs in 2020 due to coronavirus pandemic, report says – ABC News

Victoria is projected to lose up to 325,000 jobs this year because of the coronavirus pandemic, a report released by the City of Melbourne says.

Published

on

post featured image

Victoria is projected to lose up to 325,000 jobs this year because of the coronavirus pandemic, a report released by the City of Melbourne says.
Key points:

  • The City of Melbourne’s economy could be reduced by up to $110 billion over the next five years, the report says
  • “Worst-case scenario” indicates an annual average of 79,000 jobs could be lost in inner Melbourne over the next five years
  • On Tuesday, Lifeline received the largest number of calls in a single day in the …

    Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending