Australia
Business News Press Release

Australia Unemployment Rate Likely to Rise About 9% as it Enters Christmas Season

Australia Treasurer Josh Frydenberg warns small businesses for increasing economic downturn as it enters the Christmas season. The unemployment rate is expected to top about 9% in December. According to the treasury increasing unemployment rate is a devastating impact brought by the COVID-19 pandemic. “Australia’s performance is a lot better than what we’re seeing around […]