The Australian Labour Market and the Early Impact of COVID-19: An Assessment |
| |
Authors: | Jeff Borland Andrew Charlton |
| |
Institution: | 1. The University of Melbourne, Victoria, 3010 Australia;2. AlphaBeta, Sydney, Australia |
| |
Abstract: | From March to June 2020 was the most dramatic four months in the history of the Australian labour market. Never before has a such a substantial decrease in labour demand (and partial reversal) occurred so quickly. In this article, we present an overview of the early impact of COVID-19: the main drivers it brought into play and the consequent labour market developments. Aggregate effects and how impacts differed by type of job and worker are described. We conclude with a brief review of the main government response to COVID-19, the JobKeeper program. |
| |
Keywords: | |
|
|