Australia’s Unemployment Rate Predicted To Hit 4.5% As Hiring Freeze Looms

Australia’s Unemployment Rate Predicted To Hit 4.5% As Hiring Freeze Looms

Australia’s unemployment rate is expected to peak at 4.5% over the next 12 months, as the private sector is entering a hiring freeze, signaling the country could be on the path toward recession, a new report has revealed. Based on the survey by the accounting firm, Deloitte, 101,500 Australians could become jobless in the next … Read more