Government unveils new jobs site as economists revise down unemployment forecasts

Original article by Euan Black
The New Daily – Page: Online : 3-Apr-20

More than 26,000 vacancies have been listed on the federal government’s new Jobs Hub website, and this is expected to top 50,000 in the next week. The site features employment opportunities across a range of industries. The launch of Jobs Hub has coincided with the release of official data showing that the number of job vacancies nationwide fell by 0.1 per cent in February and 2.2 per cent year-on-year. Meanwhile, Westpac now expects the unemployment rate to peak at nine per cent – rather than its previous forecast of 17 per cent – due to the government’s wage subsidy scheme.

CORPORATES
WESTPAC BANKING CORPORATION – ASX WBC

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