Four years to low unemployment possible post-covid: Treasury

Tue, 14 Apr 2020

A four-year path back to low unemployment and pre-coronavirus levels of economic growth are possible under scenarios published by the Treasury this morning.However, to get there, the government would need to spend between $20 billion and $40 billion more than the $20 billion it has already committed to try and save as many jobs and businesses as possible.The Treasury scenarios have been prepared against the backdrop of "extremely uncertain" global economic conditions and do not constitute either predictions or forecasts. "The magnitude and...

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