3 years ago
SNAPBACK TO RIP EQUIVALENT OF 357,000 JOBS FROM AUSTRALIAN ECONOMY
LINDA BURNEY MP
There are 13 JobSeekers for every one job vacancy in Australia, according to the latest government data.
With the JobSeeker payment scheduled to return to its old base rate – ‘snapback’ – in a matter of months, millions of out-of-work Australians are anxious about what level of support will be available to them at the end of September.
There are over 1.6 million Australians on unemployment payments, but only 124,500 job vacancies, as at May.
It defies reality that the Prime Minister believes that he can snapback JobSeeker, when there are nowhere near enough jobs for the people who need them.
The Morrison Government’s scheduled snapback of JobSeeker will also rip almost $900 million per fortnight from the nation’s economy – the equivalent of 357,000 jobs* in Australia.
With the JobSeeker payment scheduled to return to its old base rate – ‘snapback’ – in a matter of months, millions of out-of-work Australians are anxious about what level of support will be available to them at the end of September.
There are over 1.6 million Australians on unemployment payments, but only 124,500 job vacancies, as at May.
It defies reality that the Prime Minister believes that he can snapback JobSeeker, when there are nowhere near enough jobs for the people who need them.
The Morrison Government’s scheduled snapback of JobSeeker will also rip almost $900 million per fortnight from the nation’s economy – the equivalent of 357,000 jobs* in Australia.