Employment fell by more than 220,000 people in May

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JUST IN: More than 220,000 Australians lost their jobs between April and May, as the nation's unemployment rate jumped to 7.1 per cent. 9News

More than 220,000 Australians lost their jobs between April and May as coronavirus restrictions strangled the nation's economy.

New data from the Australian Bureau of Statistics shows seasonally adjusted employment decreased by 227,700 people in May. Those figures added to the tally of 600,000 people in April – bringing the total fall in employment to 835,000 people since March.

 

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And 3 million hiding in the “job keeper” scheme. Stop paying this and you’ll see REAL unemployment hit 25%

and yet Australian shares keeps going up! Someone fricken explain how this work because it makes no sense!

We can all thank the CCP for not informing the rest of the world about the wuhan virus.

It is only going to get worse unfortunately.

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