Lockdown job losses are not as bad this year, but that’s cold comfort to Australians put to the test again | Greg Jericho

NSW is now the worst performing state for the first time in the pandemic, with nearly 210,000 jobs gone in just three weeks

By all economic indicators the current lockdowns are nowhere near as damaging as those last year and yet that small comfort is small indeed, as this week millions of Australians are again put to the test.

Last week’s payroll job numbers showed a sharp drop in the first three weeks of July. Jobs fell 2.6% across the nation, with every state recording falls.

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from The Guardian https://ift.tt/3Crsf2c
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