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150,000 Aussies set to lose jobs

Unemployment figures are predicted to skyrocket in the coming months. Picture: John Feder/The Australian News by Roger Wilkins, The Conversation 26th Apr 2021 4:06 PM It s not just the end of JobKeeper that will push up unemployment in April. The most recently published figures, for March, had the unemployment rate coming down to 5.6 per cent. The next ones, for April, won t get published until May 20, nine days after next month s budget. They ll show a substantial increase in the number of jobless as a result of the end of JobKeeper on March 28. Treasury believes it will cost 100,000 to 150,000 jobs. Another estimate, from Melbourne University s Jeff Borland, is much higher - as much as a quarter of a million.

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