Grow Your Wealth - Market Wrap 17/07/2020

The big issue will be unemployment currently quoted at 7.5%. Job Keeper and Job Seeker are keeping the unemployment figures under control at present. However,these programs are to be wound back at end of September, the government is looking to provide a revise version, this will have an impact on business. Early comments indicate that unemployment rates ex-Job Keeper could increase up to 15%.

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