Federal Treasurer Josh Frydenberg is optimistic about the outlook for employment after new analysis from the Treasury department.
The analysis estimates more than half of the 1.3 million people who were stood down at the start of the coronavirus pandemic are back in work.
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Mr Frydenberg says the analysis gives hope, although it is tempered by the economic impact of the current COVID-19 restrictions in Victoria.
We've seen particularly strong growth in New South Wales, with 315,000 people getting back to work, as well as strong growth in Tasmania, Western Australia, and across other states. The situation, obviously, in Victoria, is quite different, and it's Treasury's forecast that up to 400,000 people will either lose their job, or see their hours reduced to zero, as a result of the restrictions that have now been imposed.
Residents in metropolitan Melbourne are subject to stay-at-home orders and can only leave home for food and essential supplies, work, study, exercise or care responsibilities. People are also advised to wear masks in public.
People in Australia must stay at least 1.5 metres away from others. Check your state’s restrictions on gathering limits.
If you are experiencing cold or flu symptoms, stay home and arrange a test by calling your doctor or contact the Coronavirus Health Information Hotline on 1800 020 080.
