While the jobless rate has been slowly creeping higher, alarm bells are ringing about the potential for a big surge in unemployment.
When Sydney-based account manager Michael (not his real name) lost his job in August last year, aged in his 40s, he began to look for work immediately.
Economists warn unemployment rate could rise above 5 per cent, with hundreds of applications for individual jobs (msn.com)
Start sweating fellas.
