Victoria has reached a new major milestone after recording the lowest daily number of coronavirus infections in three painful months.
Prime Minister Scott Morrison has copped a grilling over a looming deadline which will see the JobKeeper and JobSeeker payments slashed by around $300 a fortnight.
“But what was more interesting about the figure this week…is that we saw the effective rate of unemployment fall from over 14 per cent when it peaked after the crisis hit and that went down to 9.3 per cent. Now, I've always said that the actual rate of unemployment is a lot higher than that insured rate, always been up-front about that, and what I found most encouraging about the jobs numbers this week is that effective rate of unemployment was coming down.
“We are transitioning JobKeeper – it's important to do that. We always said it was not something that would be around forever. 60 per cent of the JobKeeper payments which will be made at the end of this month will be in Victoria. Victoria will account for more JobKeeper payments than all the other states put together combined."
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