Chart 4: The second wave of unemployment

Jobseeker Support - Work Ready recipients, weekly additions (to 29 May 2020) Estimated job losses (illustrative), based on a scenario of 5% of Wage Subsidy recipients losing their jobs

Assumes that 5% of Wage Subsidy recipients become unemployed in the week the wage subsidy ends for their employer. This scenario is illustrative only, to show the looming size of possible job losses.
Chart: Brad Olsen/Infometrics Source: Infometrics scenario analysis