ANU Australian Studies Institute’s markgkenny says the government has been “upfront all the way through” the COVID-19 pandemic that official unemployment figures did not mirror the reality of the job market.
ANU Australian Studies Institute’s Mark Kenny says the government has been “upfront all the way through” the COVID-19 pandemic that official unemployment figures did not mirror the reality of the job market. Speaking with Sky News on Monday, Treasurer Josh Frydenberg said while the unemployment rate officially sat at 7.1 per cent it was expected to rise when new figures were released on Thursday.
Mr Kenny said the Prime Minister “has been quite clear" about the fact he believes the "headline figures don't tell the true story". “Of course we know the participation rate is down and that is the sort of foundation measure from which you decide who’s unemployed and who isn’t because it’s about who’s actually in the labour market, who’s actually been actively seeking work in the last week,” he said.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Maserati able to manage economic crisis due to its 'strong brand equity' | Sky News AustraliaChief Operating Officer for Maserati Australia, New Zealand and South Africa Glen Sealey says COVID-19 has not had as large impact as it could have on the company because of its “strong brand equity”. \n\n“Downturns like this people look for value when times are tough, Mr Sealey told Sky News.\n\n“What you’ve done with your brand prior to going in is so important to how your brand performs during such a time.\n\n“That value equation has to reflect not just your product but your brand equity.”\n\nMaserati in Australia has had extraordinary sales growth over the past five years.\n\nMr Sealey said the company has fallen by 16 per cent but in a market that’s down over 20 per cent so it’s “holding ground so to speak”.\n\n“Certainly 2019 was a planned decrease and 2020 COVID-19 has obviously caught us by surprise,” he said.\n\n“2019\u002F2020 were always going to be years of consolidation for the Maserati brand as we prepare for our next stage of our business life with new models coming from late this year to the next five years.'
Read more »
Donald Trump wears face mask in public for first time | Sky News AustraliaUS President Donald Trump has been seen wearing a face mask in public for the first time since the coronavirus pandemic began.\n\nMr Trump wore it at a military medical centre outside of Washington to meet with wounded soldiers and healthcare workers.\n\nTrump has previously refused to wear a mask in public nor has he asked any Americans to do so, saying it is a “personal choice”.\n\n
Read more »
'Blexit' designed to encourage black Americans to reject the 'lunacy of the left' | Sky News AustraliaThe ‘Blexit' movement is designed to encourage black Americans to “break free of the victim narrative” and embrace the American dream, according to Gina Bontempo.\n\nMs Bontempo, who is the manager of well-known conservative Candice Owens, says more-and-more black Americans are leaving the Democratic party and rejecting the left’s ideology. \n\nBlack Americans are one of the Democratic Party’s most consistent voting blocks.\n\nAt the 2016 presidential election, 89 per cent of black voters cast their ballot for Hilary Clinton, while in 2012, 93 per cent of black voters cast their ballots for Barack Obama.\n\nIn the 2020, black voters revived Joe Biden’s ailing presidential campaign, helping him secure the Democratic presidential nomination.\n\nHowever, Ms Bontempo told Sky News ‘Blexit’ aims to change this narrative.\n\n“Blexit is encouraging black Americans to really think for themselves, to not be owned by the Democratic Party, to not be owned by the left, and to really break free from this victim narrative, and to really embrace the American Dream and embrace everything the United States has to offer.\n\n'We are really encouraging people to leave behind the lunacy of the left.\n\n'We have 12 chapters across the country that are always on the ground helping black families and students on the ground thrive.”\n
Read more »
President Trump taking coronavirus seriously may be his ‘only path to re-election’ | Sky News AustraliaUS President Donald Trump making his first public appearance in a face mask could convince Republican voters coronavirus is a serious issue and may de-politicise the debate around face masks, says The Australian’s Richard Ferguson.\n\nPresident Trump is facing a considerable loss to presumptive Democratic nominee Joe Biden in the November election, with a recent YouGov poll having the former vice president beating President Trump by nine points.\n\nState polls do not do the president any favours either, with Mr Biden ahead by ten points in Texas, one in Arizona, nine in Florida, and six in Michigan, all states believed to be battle-ground states in the upcoming election.\n\nMr Ferguson told Sky News host Sharri Markson, the President is down considerably against Mr Biden primarily due to the perception of his handling of coronavirus.\n\nHe said if President Trump took a stronger stand on the issue, it might be his “only path to re-election”.\n\nImage: AP
Read more »
BLM imported to Australia by people who ‘care nothing’ for genuine indigenous issues | Sky News AustraliaSky News contributor Cory Bernardi says the Black Lives Matter movement in Australia has been imported by people who “care nothing for the actual problems” in indigenous communities and how they can be solved.\n\nHe said the BLM movement will have you believe that if you are white “the problems in black communities are your fault simply because of your skin colour”.\n\n“I just think it’s time we stopped apologising for sins of the past that none of us are responsible for, and had a decent conversation about what’s really happening”.\n\nImage: Getty
Read more »