Budget warning: Treasury predicting thousands more job losses next year

By Gareth Hutchens
Updated December 17 2014 - 4:08pm, first published December 16 2014 - 4:34pm
Treasurer Joe Hockey has warned of further job losses next year.  Photo: Alex Ellinghausen
Treasurer Joe Hockey has warned of further job losses next year. Photo: Alex Ellinghausen
Treasurer Joe Hockey has warned of further job losses next year.  Photo: Alex Ellinghausen
Treasurer Joe Hockey has warned of further job losses next year. Photo: Alex Ellinghausen
Treasurer Joe Hockey has warned of further job losses next year.  Photo: Alex Ellinghausen
Treasurer Joe Hockey has warned of further job losses next year. Photo: Alex Ellinghausen
Treasurer Joe Hockey has warned of further job losses next year.  Photo: Alex Ellinghausen
Treasurer Joe Hockey has warned of further job losses next year. Photo: Alex Ellinghausen

Treasury is predicting that thousands more people will lose their jobs next year than previously thought, and economists warn that much of the burden will fall on Australia's youth.

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