Categories
Economy Recession

Unilever closes the Weis Factory

#Employment #IceCream #HeiseSays Unilever has announced the closure of the Weis Factory, which will cost over 90 jobs. References ‘So sad’: Ninety-three jobs lost as Unilever closes Weis factory, two years after purchasing family business https://www.news.com.au/finance/business/manufacturing/so-sad-ninetythree-jobs-lost-as-unilever-closes-weis-factory-two-years-after-purchasing-family-business/news-story/f73c78c65fd87fd67419e51642adbbe9

Categories
Construction

Calls for an Independent Building Commission

#Construction #BuildingCommission #HeiseSays Calls are being made for an Independent Building Commission to address the construction issues in NSW. References NSW parliamentary committee report calls for independent building commission to fix construction industry https://www.abc.net.au/news/2019-11-13/nsw-report-calls-for-independent-building-commission/11700732?section=business

Categories
Economy

Jobs Crash Unemployment Rises

#Unemployment #Recession #HeiseSays Unemployment has increased and job numbers have dropped. References https://www.abc.net.au/news/2019-11-14/unemployment-employment-october-2019/11700756?section=business

Categories
Economy Recession

China’s Falling GDP Costing Australian Jobs

#Economy #Recession #HeiseSays China’s GDP is falling and it can cost Australian Jobs References https://mobile.abc.net.au/news/2019-10-18/china-economy-hits-three-decade-low-with-gdp-at-6pc/11616774?section=business

Categories
Construction Economy

Construction Sector Decimated

#Construction #Economy #HeiseSays Australia’s construction sector is slowing down and may decimate the job sector. Once again the RBA was surprised. References ‘Jobs will be lost’: Construction slowdown to leave thousands unemployed https://www.news.com.au/finance/work/careers/jobs-will-be-lost-construction-slowdown-to-leave-thousands-unemployed/news-story/4c43923160ce3c0d5327ff0103abe1c4?fbclid=IwAR2QFIH4si-udcnd3RKZBLgqLKMUXLrTDN7od7sjCl17HCldX_4c1u2NjUQ https://s3-ap-southeast-2.amazonaws.com/sua-gateway-files/Digital-Foundations-media-release-version-1.2.pdf

Categories
Economy Recession

The Rising Employment Rate

#Employment #Australia #HeiseSays Good news, last month employment has increased in Australia. Let’s look at the data and discuss the implications. Watch on Bitchute <iframe width=”640″ height=”360″ scrolling=”no” frameborder=”0″ style=”border: none;” src=”https://www.bitchute.com/embed/S7CCSzv6Yj6K/”></iframe> References

Categories
Economy Finance

HSBC Cuts 10000 Jobs

#HSBC #Employment #HeiseSays HSBC cuts 10,000 jobs, given their actions exposed in the Panama papers and reviews from Glass Door, I don’t think the public will feel sorry for the bank. References HSBC Plans To Axe 10,000 Jobs—Bringing The Total To 60,000 Banking Employees Downsized Just This Yearhttps://www.forbes.com/sites/jackkelly/2019/10/07/hsbc-plans-to-axe-10000-jobsbringing-the-total-to-60000-banking-employees-downsized-just-this-year/#37972ad04186 About HSBChttps://www.about.hsbc.com.au/ Panama Papers: HSBC helped rich […]

Categories
Political Commentary

Government Guarantees will Drive Up Housing

#Housing #Affordability #Australia Government guarantees have the potential to drive up housing. References guarantees likely to push up house prices, economists warn https://www.domain.com.au/news/first-home-buyer-deposit-guarantees-likely-to-push-up-house-prices-economists-warn-836969/

Categories
Economy Housing Crash Property

Australia’s Unaffordable Housing

#Housing #Affordability #Australia Housing Affordability is a huge problem in Australia and will dampen hopes that soaring housing prices will save the Australian economy from recession. References House ownership is out of reach for ‘disenfranchised’ millennials, says CoreLogic property analysts https://www.abc.net.au/news/2019-09-28/disenfranchised-millennials-property-ownership-unaffordable/11555420?section=business Housing affordability in Australia https://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/pubs/BriefingBook45p/HousingAffordability

Categories
Economy Recession

Job Vacancies Drop & Unemployment Rises

#Recession #Unemplotment #JobAds Job vacancies drop and unemployment rates rise. References Job vacancies decline in August