Jobkeeper end likely to have small impact on April jobless rate with feared "cliff" avoided

Economists will be scrutinising the latest official employment numbers out today to gauge any impact from the end of JobKeeper in late March amid earlier concerns of a potential "cliff" or at least a significant blip as workers came off the emergency wage support. 

Number-crunchers have a wide range of bets from 40,000 losses to what would be an extraordinary 50k new jobs created in direct defiance of the JobKeeper withdrawal. 

ABC's Peter Ryan says the Prime Minister and Treasurer are likely to jump on confirmation of a steady 5.6 percent jobless rate and vindication of their economic credentials during the crisis.