One year of COVID-19: Aussie jobs, business and the economy | Austral... https://www.abs.gov.au/articles/one-year-covid-19-aussie-jobs-business-...
Home Articles One year of COVID-19: Aussie jobs, business and the economy
One year of COVID-19: Aussie jobs, business and
the economy
A timeline of significant COVID-19 events and statistical and economic insights
over the last year.
Released 17/03/2021
It’s been one year since the Prime Minister announced social distancing measures and business
restrictions in response to the COVID-19 pandemic on 18 March 2020.
The ABS has traced the dramatic impacts of COVID-19 on Aussie jobs, industry and the economy in
the year that followed, from the record lows through to the first signs of economic recovery. Learn
how the story unfolded by exploring data from our key statistical releases, main economic indicators
and COVID-19 rapid response products.
The animated version of the below infographic is available on the ABS YouTube channel
(https://www.youtube.com/watch?v=nmeyfdczj5A) .
1 dari 8 13/06/2022 17.43
One year of COVID-19: Aussie jobs, business and the economy | Austral... https://www.abs.gov.au/articles/one-year-covid-19-aussie-jobs-business-...
2 dari 8 13/06/2022 17.43
One year of COVID-19: Aussie jobs, business and the economy | Austral... https://www.abs.gov.au/articles/one-year-covid-19-aussie-jobs-business-...
3 dari 8 13/06/2022 17.43
One year of COVID-19: Aussie jobs, business and the economy | Austral... https://www.abs.gov.au/articles/one-year-covid-19-aussie-jobs-business-...
4 dari 8 13/06/2022 17.43
One year of COVID-19: Aussie jobs, business and the economy | Austral... https://www.abs.gov.au/articles/one-year-covid-19-aussie-jobs-business-...
5 dari 8 13/06/2022 17.43
One year of COVID-19: Aussie jobs, business and the economy | Austral... https://www.abs.gov.au/articles/one-year-covid-19-aussie-jobs-business-...
6 dari 8 13/06/2022 17.43
One year of COVID-19: Aussie jobs, business and the economy | Austral... https://www.abs.gov.au/articles/one-year-covid-19-aussie-jobs-business-...
7 dari 8 13/06/2022 17.43
One year of COVID-19: Aussie jobs, business and the economy | Austral... https://www.abs.gov.au/articles/one-year-covid-19-aussie-jobs-business-...
In the March 2020 quarter, Australia closed its borders to non-residents and schools began to close.
Two-thirds of businesses reported a reduction in turnover and daily reported COVID-19 cases
peaked at 464. The PM announced business and childcare support packages and the
underemployment rate hit an historic high of 13.8 per cent with 1.8 million people working reduced
or no hours for economic reasons. The Accommodation and Food Services industry was the hardest
hit with a 35 per cent drop in payroll jobs. In April, overseas arrivals plummeted to just 21,000 from a
record high 2.3 million in January.
In the June 2020 quarter, the GDP dropped by a record 7 per cent, the second quarter in a row of
falls. The following month, the unemployment rate peaked at 7.5 per cent — the highest in over 20
years.
By August there were signs of economic and employment recovery in all states bar Victoria, which
was hit by a second COVID-19 wave and lockdown. Nationally, job vacancies recovered 78 per cent
of the vacancies lost and the economy rose 3.4 per cent. This was good news for some industries,
but others continued to see job losses into November 2020 (Hospitality workers down 64,000).
At the start of 2021 things continued to improve with employment recovering almost 93 per cent of
the March-May loss, and 79 per cent of Aussies agreeing the vaccine will help get us back to our
‘new normal’.
The ABS has been measuring the economic and social impacts of COVID-19. Visit our COVID-19
webpage (/covid-19) for more detail and analysis.
Follow @absstats on Facebook, (https://www.facebook.com/absstats) Twitter (https://twitter.com
/ABSStats?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor) , Instagram
(https://www.instagram.com/absstats/?hl=en) and LinkedIn (https://www.linkedin.com/company
/absstats) for more ABS data.
Tags: ABS Stories
8 dari 8 13/06/2022 17.43
