
400,000 jobs go begging as the Big Quit takes a bite out of businesses
More than 400,000 jobs were vacant in Australia in November as the labour shortage caused by the pandemic piles the pressure on business.
More than 400,000 jobs were vacant in Australia in November as the labour shortage caused by the pandemic piles the pressure on business.
New economic figures will give the first clear gauge of what impact, if any, the end of the JobKeeper wage subsidy has had on employment.
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Queensland’s job vacancies surged almost 40 per cent in the past year providing a buffer to deal with the end of JobKeeper, but an employer group has warned the three-day covid lockdown was likely to have long-term economic consequences.
The release of economic reports pick up this week after the holiday-period lull and will focus on how consumers are coping in the face of virus flare-ups.