The grim findings underline the long term impact of today’s jobs figures which are expected to deliver the worst result in 22 years.
“The labour market outlook is very worrying. Without more fiscal stimulus, unemployment would rise to – and possibly remain at – an unacceptably high level, with damaging long-term consequences.”The OECD warned that “localised lockdowns, border closures and new restrictions being imposed in some countries to tackle renewed virus outbreaks are likely to have contributed to the recent moderation of the recovery in some countries, such as Australia.
“During the deepest recession in almost a century and an escalating jobs crisis, it makes no sense for the Morrison Government to be withdrawing support without a comprehensive jobs plan to replace it,’’ he said.
Lets be clear, coronavirus did not cause the recession, panicked, fear mongering politicians did.
Falling on deaf ears with Dan Andrews. He's only obsessed with fighting COVID and nothing else
Josh had us going into the Red prior to Covid , due to Government mismanagement You can always trust the Liberals to miss use public money
We’re governed by a kleptocracy so what do you expect?
Communist China and it's virus, and the Chinese escorts in this country with their fake profile pictures. They're a walking Lie. Can't trust anyone of them. All asians must unite in getting rid of the biggest embarassment to them.