Ms. Ellis recalled that the events of recent years have clearly demonstrated that the economic downturn may have long-term negative consequences for the labor market. At the same time, the economist refused to comment on the possibility that the Australian economy in the second quarter may decline again. Reserve Bank of Australia is trying not to talk about a recession in the country. Lucy Ellis also referred to the slow recovery in the United States, stressing that the world economic recessions have become increasingly protracted and complex in terms of the restoration of the number of jobs.