Economics Assignment Australia's unemployment rate rising from 7.4% in June to 7.5% in July. This has been the highest jobless rate since 1998. During first three months of 2020 Australia witnesses 0.3% growth which is lower than 0.5% growth in previous period. After 2011 this is the first slow growth as economy was hit by natural calmities, and the corona virus pandemic. Household consumption fell to -1.1% from 0.5% in Q4 2019 (Trading Ec…
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