Employment numbers buoyant but doubted

13 April 2017

 

Australia was effectively quarantined from the GFC and its aftermath. Many other countries’ economies went through the wringer and unemployment in these countries skyrocketed to 10% and above. In Australia, peak unemployment was reached in 2014 at the relatively low rate of 6.3%. While Australian unemployment may have escaped the worst of the GFC, the unemployment rate is now higher than rates in the UK, the US, Germany and New...

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