News & Analysis

Coronavirus update: unemployment to rise above 10%, testing expanded, the curve flattens but restrictions continue

- April 14, 2020 3 MIN READ

Australia is set to hit double-digit unemployment rates for the first time in 26 years. The Treasury reports the partial economic shutdown has put more than 700,000 Australians out of work with estimates the figure will rise to one million before the end of the June quarter. As a result, the nation’s unemployment rate is expected… Read more »