Business
Businesses shed more than 110,000 jobs after JobKeeper slashed – The New Daily
Australians have lost 113,000 jobs since the government slashed the rate of JobKeeper, according to data published weeks before a potential RBA rate cut.
New figures show 115,000 jobs have been lost since the federal government slashed the rate of JobKeeper.
Figures released by the Australian Bureau of Statistics on Tuesday reveal the number of payroll jobs in Australia fell by 0.9 per cent over the two weeks to October 3.
Based on a rough extrapolation of ABS labour force data, that means businesses shed 113,147 jobs in the two weeks after the federal government cut the fortnightly JobKeeper payment from $1500 to $1200 for full-time workers an…
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