Monday, March 29, 2021

Official fallout from Jobkeeper end might not be clear for weeks

The full impact of the Jobkeeper withdrawal is unlikely to be known for at least a month as many employers decide whether they can afford to hold on to staff. 

Westpac economists think the jobless rate will drift back to 6 percent before recovering. 

ABC's Peter Ryan says as many as 150,000 jobs could disappear as a result of the Jobkeeper axing.


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