Business
Just 609 young Australians have been hired under jobmaker scheme, Treasury reveals – The Guardian
Estimates also hears up to 150,000 people are expected to lose their jobs when jobkeeper ends next week
The federal government will announce economic support for the entertainment industry and make changes to the jobmaker hiring credit to help soak up job losses of up to 150,000 when jobkeeper ends.
At Senate estimates on Tuesday, Treasury officials revealed that jobmaker is drastically undersubscribed, with just 609 people in receipt of the youth subsidy, and an estimated 100,000 to 150,000 people are expected to lose their jobs when the general wage subsidy jobkeeper ends in one week.
The finance…
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