According to the Australian Bereau of Statistics (ABS), some 100 000 of its citizens have filed for unemployment benefits and a further 500 000 have left the workforce.
The job loses are happening as a result of the country’s lockdown due to coronavirus since April.
Australia’s unemployment and underemployment figures reached a record high of 19.9% in April according to ABS.
Prime minister Scott Morrison has called these figures ‘terribly shocking”.
Data has revealed that 2.7 million people, which is one in five Australian workers, have either left work or had their working hours reduced.
Unemployment has risen one percent point to 6.1% while there has been an unprecedented fall in the workforce participation rate to 63.5%.
ABS says just 12.4 million of the Australian citizens now have jobs.
Morrison says more difficult economic times are still ahead and has warned the citizens in that regard.
“We knew there would be hard news as the pandemic wreaks an impact on Australia as it is on countries all around the world,” Morrison said.