Half a million Australians took up unemployment benefits in the six weeks after the coronavirus forced key parts of the economy to shut, and economists warn it could take years for some of them to get another job.
The number of young Australians on youth allowance also surged, reaching 121,600 in late April, compared to 85,000 a month earlier. The department's acting deputy secretary, Shane Bennett, said up to 1.7 million people were expected be on an unemployment payment by September. But that forecast did not take into account the Morrison government's $130 billion JobKeeper package, which it is hoped will enable workers to keep their jobs.
Source: Loan Digest (loandigest.net)
Hence why the restrictions must ease ASAP.
May day
But let's just stay in lockdown for another few months and completely destroy the economy. Don't send kids back to school either. Easier to brainwash the uneducated.
That is sure . It is obviously show that the government did not do any effective policies to help the society to recover their financial crisis.
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