Australia’s Unemployment Rises to an 11-year High

Australia’s jobless rate climbed to 6.1 percent in March, the highest in almost 11 years, economists forecast data to show on April 10. Reserve Bank of Australia Governor Glenn Stevens has warned unemployment will probably rise a bit further. In a statement on April 3, Boeing Co., the world’s largest planemaker, announced it will cut about 300 jobs at its Australian unit. A day earlier, BP Plc and Philip Morris International Inc. announced more than 500 in combined job cuts and plant closures.

image from:

Full article on Businessweek

6 thoughts on “Australia’s Unemployment Rises to an 11-year High

  1. Hi would you mind sharing which blog platform you’re using?
    I’m going to start my own blog soon but I’m having a tough time deciding between BlogEngine/Wordpress/B2evolution and Drupal.
    The reason I ask is because your layout seems different then most blogs
    and I’m looking for something unique. P.S Apologies for getting off-topic but I had to ask!

  2. Having read this I believed it was very
    informative. I appreciate you taking the time and effort
    to put this short article together. I once again find myself personally spending a
    lot of time both reading and commenting. But so what, it was still worthwhile!

  3. An interesting discussion is worth comment. I do believe that you should
    publish more about this issue, it might not be
    a taboo subject but generally folks don’t discuss such subjects.
    To the next! Best wishes!!

Leave a Reply