Business Daily Media

Men's Weekly

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JobKeeper and JobMaker have left too many young people on the dole queue

  • Written by Kathryn Daley, Senior Lecturer & Program Manager - Youth Work and Youth Studies. School of Global, Urban and Social Studies, RMIT University, RMIT University

Of the more than 870,000 Australians who lost their jobs in the first few months of the COVID-19 crisis, 332,200 – or 38% – were young Australians aged 15-24.

By June 2020, as the overall unemployment rate hit 7.4%, the youth unemployment rate spiked to 16.4%, with a further 19.7% underemployed (working fewer hours than they wanted).

As...

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Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

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Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

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Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Led by seasoned capital markets veteran Mark Wang, the fund is purpose-built to serve Australia’s most productive yet chronically underserved busi...