About: http://data.cimple.eu/news-article/2f45df32b93d4c1b0a241652fe7ae00476dfd3d7ab842362da19baea

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/2f45df32b93d4c1b0a241652fe7ae00476dfd3d7ab842362da19baea Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Australia's unemployment rate is expected to soar from 5.1 percent to 10 percent in the June quarter as the coronavirus fallout hits the economy, according to Treasury figures released Tuesday. The doubling in the unemployment rate would see an estimated 1.4 million people out of work, after the government banned non-essential travel and forced the closure of bars, restaurants and gyms to stem the spread of COVID-19. In scenes likened to the Great Depression, people have been queueing for welfare and food handouts across the country of 25 million. The spike in unemployment represents the highest jobless rate since 1994, as Australia faces the prospect of its first recession in nearly 30 years. Treasurer Josh Frydenberg said the numbers would have been worse without US$83 billion in government spending to subsidise salaries at businesses impacted by the coronavirus. "In the absence of the Aus$130 billion JobKeeper payment, treasury estimates the unemployment rate would be 5 percentage points higher and would peak at around 15 percent," he said in a statement. "More than 800,000 businesses have already registered for the JobKeeper payment which will allow the economy to recover more quickly once we are through to the other side of the crisis," he said. Prime Minister Scott Morrison, who has warned Australians they are facing the "toughest year" of their lives, called the latest data "heartbreaking". The nation has recorded almost 6,400 cases of COVID-19, though in recent days the infection rate has slowed dramatically. A total of 61 people have died of the virus in Australia. hr/dm/jah
schema:headline	Australian unemployment rate to double as virus hammers economy
schema:mentions	Josh Frydenberg Great Depression Scott Morrison Prime Minister of Australia Recession Australia Virus Severe acute respiratory syndrome coronavirus 2
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-04-14 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	76 (xsd:integer)

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 11 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software