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The ABS has released special survey data on the impacts of the COVID-19 shutdown on the Australian labour market, specifically jobs and wages based on Single Touch Payroll data from the Australian Taxation Office:
The new data showed that between 14 March and 4 April (the three weeks after Australia recorded its 100th confirmed COVID-19 case) jobs decreased by 6.0%.
Head of Labour Statistics at the ABS, Bjorn Jarvis, said: “The largest impact of net job losses, in percentage terms, was for people aged under 20, for whom jobs decreased by 9.9%.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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