The latest Victoria lockdown smashed the hospitality and recreation sectors | Greg Jericho

Jobs are down across Australia, but we should be careful of jumping at shadows yet

The recent lockdown in Melbourne had a massive impact on jobs in hospitality and recreation sectors in Victoria while across the nation the latest data shows that although jobs have dropped a bit due to seasonal factors, they remain mostly steady due to government support.

Since the entrance of Covid into our lives, the bureau of statistics has realised that the monthly labour force figures are too slow at showing how the economy is going. As a result they have worked with the ATO to produce a weekly index of payroll job numbers.

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from The Guardian https://ift.tt/3d79ciw
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