In today’s podcast, NAB Group Chief Economist Alan Oster discusses the following:

• • Job losses didn’t reach the headline figure because of a sharply lower participation rate.
  • The latest unemployment figures were released this morning and while the headline unemployment rate only rose to 6.2%, almost 600,000 jobs were lost in April.
  • Travel restrictions are likely to pose a big issue for tourism and international education this year. Australian universities have become rather dependent on international students and this poses a major challenge.

Listen to the full podcast now.