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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.

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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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