Unemployment rate in Australia jumps to 6.2% due to Covid-19 as 600,000 jobs lost

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The coronavirus pandemic cuts a swathe through the labour market with seasonally adjusted employment falling by 594,300 in April

The jobless rate in Australia has hit the highest level since September 2015, with seasonally adjusted employment falling by 594,300 in April as the economic shock of the coronavirus pandemic cut a swathe through the labour market.

 

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I have a masters in economics but will keep this simple for you folks. Unemployment is defined as the number of people actively seeking, but unable to find employment. A human respiratory illness, by design can therefore only lead to a decrease in unemployment. Think about it.

Due to lockdown, not Covid-19 you muppets.

Hire all of them as firefighters.

İn Turkey %30.

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