Australia’s joblessness rate has actually published its steepest month-to-month rise on record, with 594,300 people losing their jobs in April as restrictions to limit coronavirus shut countless companies and affected a lot more.
Bottom line:
- Almost 600,000 individuals lost their tasks last month, while an additional 600,000 saw their working hours cut down
- Unemployment leapt 1 percentage indicate 6.2 per cent, which would have been much even worse except that many people did not try to find work
- In all, the ABS said 2.7 million Australians either lost their task, had the