Business
Up to 250,000 more unemployed when JobKeeper ends within weeks – Sydney Morning Herald
Up to 250,000 workers could lose their jobs when the JobKeeper wage subsidy ends as insolvency data reveals only three companies have used new rules designed to…
Up to 250,000 workers could lose their jobs when the JobKeeper wage subsidy ends this month as insolvency data reveals just three companies have used the federal governments new rules to help struggling employers restructure to avoid shutting down.
The end of the $90 billion JobKeeper program on March 28 is expected to result in thousands of businesses failing, pushing 125,000 to 250,000 people out of work, University of Melbourne Professor Jeff Borland estimates. His analysis also considers revenue…
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