News Snapshot:
The good news The huge number of unemployed or underemployed workers finding jobs is the most important good news. In December 2019, 13.3 per cent of Australian workers either had no job or wanted more hours. Now it stands at 9.6 per cent. There are 760,000 jobs in Australia today that didn’t exist three years ago. Workers wanting more hours have generally been able to find them. Next, the economy is 7.2 per cent larger today than it was in late 2019. If we assume growth of 2.5 per cent without COVID-19, we have roughly ended up in the same...
