A leading economist says impending job losses at some of Australia's major employers need to be kept in perspective.
Thousands of workers at Qantas are likely to be unemployed over the next three years as the airline prepares to shed the equivalent of five-thousand full time jobs and car manufacturing workers also face being without work as the industry prepares to exit Australia.
Saul Eslake is the chief economist at Bank of America Merrill Lynch Australia.
He told Greg Dyett unemployment is likely to rise a little more this year but he says some of those facing the sack could be helped to find jobs in the services sector.
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