Business News

the grim truth about who this recession is hitting hardest

Written by Jeff Borland, Professor of Economics, University of Melbourne

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When a recession hits, no group of workers is immune. But some are harder hit than others. The latest labour market figures are giving us a good idea of who is being hardest hit this time.

So far, this COVID-19 recession is hitting hardest workers with lower earnings. In fact, workers in occupations in the lowest 30% of weekly earnings...

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