Job losses continue; “set for a large negative” in next employment report

05 May 2020

 

Summary: Job losses continue to mount through April; some people hold multiple jobs; unemployment rate will rise but not by as much as figures suggest.  The ABS has released its second payroll report containing new statistics on jobs and wages based on Single Touch Payroll data provided by the ATO. Job losses do not directly translate into additional unemployment; some people hold more than one job and the report’s figures...

read full story