ANZ is cutting 230 jobs.
Will fiscal stimulus avoid an Australian recession?
Is it unfair to expect people to have enough saving to deal with an emergency?
Are the employment figures worth the paper they are printed on?
According to the ABS, the January Unemployment rate is at 5.3% while the Roy Morgan Survey is at 9.7%.
The ABS is reporting that November retail sales figures have improved while we continue to hear about the retail recession.
The Retail Recession continues to grow.
The construction sector is reporting the weakest conditions since 2013.
#Employment #Economy #HeiseSays Job ads are down over 18% from last year. References ANZ Australian Job Advertisement Series Media Release https://media.anz.com/content/dam/mediacentre/pdfs/jobads/2020/January/ANZ%20Job%20Ads%20Dec%2019.pdf
50 Leanders have announced plans to cut over 77,000 jobs.