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The official unemployment rate in Broadmeadows is 23.5% but the real unemployment and underemployment rates are far higher. Youth unemployment is higher than the overall rate. We are very close to the 30% unemployment rate of the Great Depression. Woolworths has now announced that it intends to close its Hume Distribution Centre and shift it across town to the outer south-eastern suburbs. This would throw about 680 people out of work.
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