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More than one million Australians out of work as unemployment rate edges up to 7.5% – The Guardian

Despite joblessness rise, employment rose 114,700 in survey completed prior to Victoria’s stage four lockdown

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More than one million Australians are now out of work, according to the latest labour force data, which shows the unemployment rate is now 7.5%.
Even though seasonally adjusted employment increased by 114,700 people between June and July, and hours worked increased 1.3%, the unemployment rate in July edged up from 7.4% in June.
The survey was completed before Victoria implemented the stage four lockdown in an effort to contain a second wave of coronavirus infections in the state, so the monthl…

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