Connect with us

National

Australia’s unemployment rate: State border closures hurting jobs – NEWS.com.au

Australia’s unemployment rate: State virus border closures hurting jobs

Published

on

post featured image

Australias real unemployment rate is set to soar back to 13 per cent as state borders remain closed and Victoria emerges from a second lockdown.Treasurer Josh Frydenberg has confirmed the grim news that he expects an increase of around 450,000 people out of work in coming months and the majority of jobs lost will be in Victoria.
The prediction is likely to increase the pressure on the Morrison Government to reconsider plans to slash the value of the $1500 JobKeeper subsidy and the COVID-19 chan…

Click here to view the original article.

Safety Mate