Catch up on today’s headlines with our daily news briefs. Here’s what small business owners need to know on Friday, September 20 2019.
Not Business as Usual
Thousands of Australian businesses have closed their doors today in solidarity of the millions of students around the globe protesting the world’s governments’ inaction on climate change. The Not Business as Usual campaign created by Aussie B Corp Future Super aims to put further pressure on the government to take action on climate change.
2568 businesses have signed up to shut up shop and support their employees in attending the climate strikes taking place around the globe. Tech unicorns Atlassian and Canva, along with leading startups Car Next Door, Future Super, Koala, Linktree and Sendle are among more the Australian contingent.
Unemployment hits 5.3 per cent
The unemployment rate continues to rise with 15,500 full time jobs shed since August. The national unemployment rate has now risen to 5.3 per cent from a decade long low of 4.9 per cent recorded in February this year.
The creation of some 50,000+ part-time jobs has done little to ease the situation with South Australia’s unemployment hitting 7.3 per cent. NSW workers have fared the best, with the state reporting the lowest unemployment rate at 4.3 per cent.