Business
JobKeeper recipients drop by half in a single month as Treasurer hails economic recovery from coronavirus – ABC News
Treasurer Josh Frydenberg says a fall in the number of people receiving JobKeeper wage subsidies is a sign of momentum in the economy.
Treasurer Josh Frydenberg says a fall in the number of people receiving JobKeeper wage subsidies is a sign of momentum in the economy.
Key points:
- The number of workers having their wages subsidised dropped significantly in October
- Josh Frydenberg says it’s because fewer businesses can now show their turnover has dropped by 30 per cent
- By the end of September, the Government had already spent nearly $70 billion on JobKeeper
The number of workers whose wages were being subsidised by the program dropped…
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