Categories
Economy

David Jones Fires 120 People

#DavidJones #Recession #Unemployment David Jones has fired 120 people, and the NAB has stated that we are in a retail recession. I honestly think the public is too worried to spend. References David Jones to cut 120 jobs in face of retail recession https://www.smh.com.au/business/companies/david-jones-to-cut-120-jobs-in-face-of-retail-recession-20190719-p528pn.html

Categories
Economy

Big W Store Closures

#BigW #Recession #Unemployment Big W, which lost $110 million, is closing 30 stores over the next three years. Do we still believe unemployment isn’t increasing? References