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Australian employment plunges, jobless rate at 5-year high on pandemic shutdowns

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Australian jobs plunged by the most on record in April as employers laid off hundreds of thousands of staff in response to the economy-wide shutdowns to curb the spread of the coronavirus.

[SYDNEY] Australian jobs plunged by the most on record in April as employers laid off hundreds of thousands of staff in response to the economy-wide shutdowns to curb the spread of the coronavirus.

Thursday's data from the Australian Bureau of Statistics (ABS) showed employment in April...

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