Fears mount that underemployment could drive Australia's recession deep into depression | ABC News

Описание: Australia's GDP figures may have helped it's economy sneak into a recession, but they don't tell the full story, and neither does the official unemployment rate.


A collapse in work hours is how many Australians are feeling the pain.


Some economists are warning that the recession could become a depression if the Government withdraws it's economic stimulus.



Read more here:

NSW economy suffers biggest fall in 20 years but coronavirus impact yet to be seen, Premier warns - https://www.abc.net.au/news/2020-06-0...



Coronavirus recession leaves 1.4m Australians in mortgage stress, almost 100,000 could default after JobKeeper ends - https://www.abc.net.au/news/2020-06-0...


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