Tag: jobless
Written by Gabriel HerveyMarch 23, 2020
Echoes of Great Depression as Australian jobless queue for help
News Business Article
SYDNEY: Jobless Australians flooded unemployment offices around the country Monday (Mar 23) as Prime Minister Scott Morrison warned the coronavirus pandemic would cause an economic crisis akin to the Great Depression. After a record 29 years of economic growth, Australia is poised to spiral into recession as the global coronavirus outbreak wreaks havoc on the
Written by Gabriel HerveyMarch 18, 2020
COVID-19 Pandemic could make another 25 million jobless: UN
News Business Article
GENEVA: The COVID-19 pandemic will significantly increase global unemployment, leaving up to 25 million more people out of work, and will dramatically slash workers’ incomes, the United Nations said Wednesday (Mar 18). In a fresh study, the International Labour Organization warned that the economic and labour crisis sparked by the spread of the new coronavirus, which
