Victorian jobs slaughtered amid Melbourne lockdown

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Just in from the ABS:

Total payroll jobs decreased by 1.1 per cent in Australia between mid-June and mid-July according to figures released by the Australian Bureau of Statistics today.

In Victoria, payroll jobs decreased by 2.2 per cent between mid-June and mid-July as additional COVID-19 restrictions were progressively introduced, with jobs 7.3 per cent below mid-March in this state.

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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.