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Unemployment rising

Tuesday, August 13, 2013

The proportion of small business people not taking on new workers in Australia has risen during 2013 according to the latest survey by MYOB. This must be a significant explanation for the projected rise in Australian unemployment. As we’ve shown before (see figures below) more than 60 per cent of workers are in small business. If small business people are under pressure, employment really struggles!

 

 

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