AUSTRALIANS JOBLESSNESS RATE SHOOTS UP TO 7.5%, 1 MILLION PEOPLE ARE OUT OF WORK

HIGHLIGHTS

• Australia is facing its worst economic recession after thirty years
• Now though the jobs are slowly getting better, the overall impact on its job market is an all-time low

A report suggests more than one million Australians are currently jobless, reflecting the joblessness rate to be 7.5%. Although the jobs improved by 114,700 individuals during June and July, and hours ....