Economy

Latest jobless numbers offer brief respite

Andy Fyers
Fri, 31 Jul 2020

Latest jobless numbers offer brief respite

Andy Fyers
Fri, 31 Jul 2020

Further signs that a second wave of unemployment is subsiding, with 1,400 new people signing on for the Covid-19 Income Relief Payment in the week ended July 24.In normal times that number that would be cause for concern, but compared to late-June and early-July when an average of 4,000 signed on each week, it's positive news. The recent increase coincided with the end of wage subsidy support for many workers.It is the third consecutive week the number of new unemployed has fallen. It even appears to have taken the government by surprise wi...

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Latest jobless numbers offer brief respite

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