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The unemployment rate in Australia rose to 7.1%. in May 2020. Including the increase in inactivity linked to the COVID-19 crisis would push this up to 11.3%. The official rate is projected to rise to 8.3% at the end of 2020 (below the OECD average of 9.4%), falling back to 7.4% in 2021 (just below the OECD average of 7.7%).
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This note provides a comprehensive overview of the extent to which laws in Australia and OECD countries ensure equal treatment of LGBTI people, and of the complementary policies that could help foster LGBTI inclusion.
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Key findings for Australia from the report "Pensions at a Glance 2019"
The roundtable will launch the OECD's Government at a Glance 2021, a flagship OECD report which provides a comprehensive set of rigorous, internationally comparable data on government resources, activities and results in OECD countries and beyond.
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Australia has one of the highest rates of obesity: nearly one in three adults are obese. As a result, Australians live on average 2.7 years less due to overweight. The impact on the economy is large: overweight accounts for 8.6% of health expenditure; and lowers labour market outputs by the equivalent of 371 thousand full time workers per year. Combined, this means that overweight reduces Australia’s GDP by 3.1%.
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This country fact-sheet presents key figures from "Under Pressure: The Squeezed Middle Class". This report analyses the trends of middle-income households in areas such as employment, consumption, wealth and debt, as well as perceptions and social attitudes. It also includes recommendations for protecting middle-class living standards and financial security in the face of economic challenges.
Australia has made some progress replacing coal with natural gas and renewables in electricity generation yet remains one of the most carbon-intensive OECD countries and one of the few where greenhouse gas emissions (excluding land use and forestry) have risen in the past decade. The country will fall short of its 2030 emissions target without a major effort to move to a low-carbon model, according to a new OECD report.
Economic growth has been resilient, exports and investment will support the economy and wage growth and price inflation will gradually pick up
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Resistance proportions for eight antibiotic-bacterium pairs in Australia have increased in recent years, from 7% in 2005 to 10% in 2015, and could go up to 12% by 2030, should current trends in antibiotic consumption, population and economic growth continue into the future. Resistance proportions in Australia were lower than the OECD average in 2015 (17%).