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Economy Recession

Predictions of 150,000 Jobs Lost & 7% Unemployment

The media is reporting economist predictions 150,000 Jobs lost and 7% Unemployment, while we’re also hearing news of record steel production and surging building approvals.

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The media is reporting economist predictions 150,000 Jobs lost and 7% Unemployment, while we’re also hearing news of record steel production and surging building approvals.

References

JobKeeper: 150,000 Australian jobs could be lost, unemployment to hit 7 per cent

https://www.news.com.au/finance/economy/australian-economy/jobkeeper-150000-australian-jobs-could-be-lost-unemployment-to-hit-7-per-cent/news-story/854dc931762cb9a7a60c35c634d43848#itm=newscomau%7Cfinance%7Cright-now-in-%7C1%7CJobKeeper%3A%20150k%20Australian%20jobs%20could%20be%20lost%2C%20unemployment%20…%7Cindex%7CFinance%20index&itmt=1619405101452