Snapshot: A shock to the market

Snapshot 1 - A shock to the market infographic

A shock to the market infographic

835,100 record fall - in employment between March and May

181.8 million decline in monthly hours worked between March and May

769,600 employed people worked zero hours for economic reasons in April

623,600 people left the labour force between March and May

Unemployment rate up from 5.2% in March to 7.1% in May

503,500 more people underemployed between March and May

17 of 19 industries recorded falls in employee jobs

61% of businesses registered or intended to register for JobKeeper

Young people and women most affected

Capital cities and some coastal areas appear harder hit

Signs of recovery,gradual increase in business confidence, job advertisements and recruiting