July 16, 2020

16 July 2020 Alan Oster Podcast – Coronavirus and the economy

NAB Group Chief Economist Alan Oster talks about the latest impacts of the Coronavirus. Listen now.

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

  • The ABS released the June labour force figures this morning. Full time employment fell but part time employment increased, leaving a net employment increase of around 210,000 in June. But with a higher participation rate unemployment rose to 7.4%.
  • China’s latest GDP figures were also released today and surprised somewhat on the upside – up 3.2% in Q2. While industrial production is largely back to normal, consumers remain reluctant to spend.

Listen to the full podcast now.