Australia’s Bureau of Statistics said today that coronavirus job losses has slowed down between mid-April and early May. Overall between March 14 and May 2, payroll jobs dropped by -7.3% and total wages paid dropped -5.4%. In the week between April 25 and May 2, jobs decreased by -1.1% only while wages even rose 0.9%.
Head of Labour Statistics at the ABS, Bjorn Jarvis, said: “The latest data shows a further slowing in the fall in COVID-19 job losses between mid-April and early May.” In addition to the fall in total jobs slowing, some industries were now showing a reduced impact in the most recent weeks.
