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Roy Morgan Research has released interesting data breaking down its unemployment estimates (above) by age group:
Victoria & Queensland have more unemployed workers aged 35+ than New South Wales
This policy will have an out-sized impact on Victoria and Queensland which both have far higher rates of unemployment amongst those aged 35+ than New South Wales.
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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.