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Treasury data gives Frydenberg ’cause for optimism’ – Sydney Morning Herald

The government will assure Australians of a steady economic recovery by revealing a sharp improvement in the effective unemployment rate in July.

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Treasurer Josh Frydenberg will release the estimates as Parliament resumes on Monday with Labor warning against a cut to the JobKeeper rate and other income support for millions of people who have lost work.
We know the road to recovery will be bumpy as we have seen with the setback in Victoria, Mr Frydenberg said.
However, the jobs recovery across the rest of the country gives cause for optimism that through containing the spread of the virus and reopening the economy we will get through this…

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