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Employment post-JobSeeker remains steady

Date Time Employment post-JobSeeker remains steady Employment and hours worked have remained steady, despite the ongoing COVID-19 pandemic and the scaling back of JobSeeker, new analysis from The Australian National University (ANU) shows. The survey of more than 3,500 adult Australians, led by the ANU Centre for Social Research and Methods (CSRM), found employment stayed at around 60 per cent of the population between January and April 2021. “However, the real story here is that there hasn’t been a dramatic decline in employment either,” study co-author and CSRM Director Professor Matthew Gray said. “This is even more impressive, given our findings cover the period immediately following the cessation of the JobKeeper scheme and the JobSeeker supplement.

Study: Employment post-JobSeeker stays steady

WORK hours have remained steady despite the federal government’s rolling back of JobSeeker support amid the ongoing pandemic, according to a new report by the Australian National University (ANU). Surveying more than 3500 adult Australians, the study by the ANU Centre for Social Research and Methods (CSRM) found employment had remained stable, with about 60 per cent of the population in work between January and April. That number is even more impressive given those findings cover the period immediately following the cessation of the JobKeeper scheme and the JobSeeker supplement, says study co-author and CSRM director, Prof Matthew Gray. Prof Matthew Gray.

Budget 2021: Economic recovery absorbs JobKeeper withdrawal, says Frydenberg

Road, rail and freight upgrades worth $10 billion in federal budget

Road, rail and freight upgrades worth $10 billion in federal budget By political reporter Melissa Clarke © Provided by ABC News William Hovell Drive in the ACT is among the road projects to receive funding in the federal budget. (ABC News: Nick Haggarty) More than $10 billion in spending on major infrastructure projects will spearhead the federal government s efforts to boost both jobs and productivity in the COVID-affected national economy. The money will be spent over 10 years across all states and territories, including $2 billion for a new freight hub in Melbourne and another $2 billion to upgrade the Great Western Highway between Katoomba and Lithgow in New South Wales.

China Must Shutter 600 Coal Plants To Meet Its Emissions Goals, New Analysis Finds

by Tyler Durden China has proclaimed bold goals of net zero greenhouse gas emissions by 2060.  But if the country is to meet its climate goals, it is going to have to shut down 600 coal fired power plants and replace them with renewable energy, a new article from The Guardian points out. A company called TransitionZero performed an analysis that the switch to renewables like wind and solar could also save $1.6 trillion over the time period, since renewables are now cheaper than coal. China s coal consumption has long been in focus of the rest of the world. Despite its proclaimed goals, China has ramped up plans for new coal-fired power stations in an effort to spur economic growth after the recession caused by the coronavirus pandemic, the report notes.

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