Business
Victorian jobs surge in national recovery – The Australian Financial Review
The state led the charge in jobs as COVID-19 restrictions eased, with payrolls up 1 per cent and the wages bill up 0.9 per cent.
RBC Capital Markets Su-Lin Ong said Victoria was bound to show further improvement.
“We would expect the more substantial relaxation of Victorian restrictions from early November to lend further support to the payrolls data in the coming months.”
We expect a modest 0.1 percentage point increase in the unemployment rate, alongside a 30,000 employment gain.
JPMorgan
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