Big banks warn workers in Sydney branches could lose one in ten jobs, as food ...

Big banks warn workers in Sydney branches could lose one in ten jobs, as food ...
Big banks warn workers in Sydney branches could lose one in ten jobs, as food ...
Big banks warn one in 10 workers will lose their jobs in Sydney's lockdown as skyrocketing food and petrol prices add to their misery Bank analysts predict up to 300,000 jobs lost in Sydney extended lockdown ANZ's initial predicted job loss total of 60,000 workers to be stretched further Price of food and beverages also increased by 0.5 per cent over the Sept quarter 

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A tenth of workers are likely to lose their jobs during Sydney's extended lockdown and rising inflation and prices mean they will struggle, analysts warn. 

Major banks predict up 300,000 jobs could be lost over the course of the lockdown, which will now last until at least August 26.

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Commonwealth Bank said one in 10 workers will lose their jobs, and ANZ's earlier tip of 60,000 has blown out to many times more. 

'This number is now likely to be higher, and we expect the recovery will be delayed for at least one month, to October,' ANZ senior economist Felicity Emmett said.

A tenth of workers are likely to lose their jobs during Sydney's extended lockdown and rising inflation and prices mean they will struggle, analysts warn

 A tenth of workers are likely to lose their jobs during Sydney's extended lockdown and rising inflation and prices mean they will struggle,

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