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Nearly 600,000 Australians lose jobs as virus lockdown bites

Nearly 600,000 Australians lose jobs as virus lockdown bites

20 Sept 22:50 Key points summarised by AI
  • Australia experienced its steepest monthly job loss in over 40 years, with nearly 600,000 people losing employment in April due to the virus shutdown.
  • The unemployment rate climbed to 6.1%, and the underutilisation rate reached a record 19.9%, reflecting the devastating economic impact of restrictions despite Australia's success in containing COVID-19.
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