Tag: Recession
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What the economic shutdown means for Australian workers: will this be Australia’s highest unemployment rate since 1932?
By Noha Tsor With the shutdown of non-essential services, and more extreme social distancing regulations being implemented as the days progress, Australia is undoubtedly heading towards its first recession in 28 years. As Sydney Morning Herald’s Economist Editor, Ross Gittins labels it; “coronacession”. Perhaps the most adverse impact of this impending recession is the skyrocketing […]