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Victorian jobs hit from renewed coronavirus lockdown highlights second wave economic risks – ABC News
The renewed lockdown in Victoria drives a fall in employment, as analysts warn the coronavirus recovery across Australia appears to have “run out of puff”.
The renewed lockdown in Victoria has driven a fall in employment, as analysts say the coronavirus recovery across Australia appears to have “run out of puff”.
Key points:
- The number of jobs on payroll fell 1.1 per cent nationally between mid-June and mid-July, but 2.2 per cent in Victoria
- In-store retail spending also dropped sharply in Victoria last week, amid lockdowns in Melbourne
- Economists are expecting further employment gains in coming months, with job ads on the…
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