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JobKeeper losers could win from JobMaker

Young casual workers laid off because they did not qualify for JobKeeper are primed to benefit from the government’s $200 weekly JobMaker hiring subsidies.

More than half a million casuals lost work at the height of the pandemic leaving them without access to JobSeeker rather than JobKeeper, which required 12 months work at the same place.

Professor Mark Wooden cautioned that businesses hiring would be capped by their customers' demand.

Professor Mark Wooden cautioned that businesses hiring would be capped by their customers’ demand.Credit:iStock

Economist Mark Wooden said that created a pool of potential beneficiaries for JobMaker, which excludes those on JobKeeper, suggesting union fears existing casuals would lose out under the scheme could be misplaced.

But he cautioned the scheme would have a limited impact because business hiring was largely determined by demand, which the pandemic was restricting. Where businesses were hiring, Professor Wooden said, the government risked giving away windfall gains to firms that would take up new workers regardless.

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