Unemployment in Australia Reaches 7.1%, Worst in More than 15 Years

Unemployment in Australia Reaches 7.1%, Worst in More than 15 Years

Ibtimes·2020-06-18 23:51

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The unemployment rate in Australia touched 7.1 percent in May and stood at the worst level witnessed in over 15 years, which is moving for the first recession in nearly three decades due to the impact on the economy caused by the coronavirus or COVID-19 pandemic, as per official data published on Thursday.

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