MYEFO- COVID jobs crisis extends to 2024, criticis

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MYEFO: COVID jobs crisis extends to 2024, criticism of "wasted recovery" - Today News Post News Today || Headlines Today

Labor is accusing the government of a “wasted recovery” from the COVID pandemic, blasting Scott Morrison for failing to invest more in employment growth and renewable energy, despite a budget update shwoing better-than-expected jobs and deficit numbers.

The government’s cautiously optimistic MYEFO (Mid-Year Economic and Fiscal Outlook) finds Australia is “rebounding strongly” from COVID, but it will be many years before national debt, unemployment and economic figures return to pre-pandemic levelsGermany.

“The economy is a bit stronger now than the Morrison Government and most forecasters imagined in the depths of this crisisChart on critical care beds occupied per 100,000 in provinces, as of April 15., but is still much weaker than it needs to beAlberta Premier Jason Kenney,” said Labor’s shadow treasurer Jim Chalmers and shadow finance minister Katy GallagherThe Star that Ontario is pushin.

Economy has? ‘come a long way’

It’s been just two months since the federal budget, but treasurer Josh Frydenberg and finance minister Simon Birmingham claimed the nation’s economic picture had already become rosier in that short times full piece: Up to 50 children in GTA hospitals to transfer to SickKids to free up beds for COVID-19 patients..

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