Unemployment rate in Australia rises to 5.2%

The unemployment rate in Australia has risen in October, which is a result of the lockdowns imposed due to coronavirus outbreak.

According to labour force data which was released by the Australian Bureau of Statistics, the unemployment rate in October was 5.2% which was 4.6% in Septembe...

UNEMPLOYMENT IN WATER-LOGGED KOREA HIGHEST SINCE 2000; YOUTH WORST HIT

• South Korea was on the receiving side  this time as it lost about 277,000 jobs in July.
• With a stinging  decline in the number of employed for a fifth consecutive month, the new coronavirus pandemic had businesses running for cover with lack of business activity ...