Australia Falls Into Recession for the First Time in Nearly Three Decades

Economists have long used letters of the alphabet like V and U to describe economic recoveries. But the coronavirus downturn is so different from past recessions that economists are coming up with new shapes to describe the potential recovery. WSJ explains. Illustration: Jacob ReynoldsSYDNEY—Natasha Brock, a 22-year-old communications student, wasn’t born when Australia last had a recession. She’s now experiencing what it’s like to live through one.

Furloughed from her job at a clothing retailer following a recent coronavirus flare-up in Melbourne, Ms. Brock has relied on government handouts to ensure she can still pay for her courses at RMIT University. A six-week lockdown in Melbourne, the capital of Victoria state, has made finding work more difficult.

Western Australia is booming and not in recession. Generating more than 40% of Australia’s export income.Covid free since mid April.

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