Monday, Aug 11, 2008
THE Reserve Bank is predicting an economic slowdown so severe that 100,000 people will be thrown out of work in the next 12 months, pushing the unemployment rate to 5 per cent and possibly higher if the financial crisis worsens
australian: RBA warns 100,000 jobs at risk from economic slowdown
The bank has slashed its forecast for economic growth over the coming year, and expects job creation to slip to its lowest level in seven years.
Posted by big chris @ 09:17 PM (146 views) Add Comment
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