Recovering Job Market to Ease JobKeeper Withdrawal Fears: Report

Recovering Job Market to Ease JobKeeper Withdrawal Fears: Report
TOPSHOT - A woman walkway between buildings in the central business district of Sydney on September 12, 2016. PETER PARKS/AFP via Getty Images
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According to a new report, a recovering jobs market is easing concerns Australia’s economy will struggle to cope with the end of the JobKeeper subsidy in March.

In December, job figures revealed a decline in the unemployment rate from 6.8 percent to 6.7 percent, a contrast to the 7.5 percent in July during the depths of the country’s first official recession in decades.

Daniel Y. Teng
Daniel Y. Teng
Writer
Daniel Y. Teng is based in Brisbane, Australia. He focuses on national affairs, including federal politics and Australia-China relations. Got a tip? Contact him at [email protected].
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