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Pretty much. I was sceptical of that they did in Aus but it sort of worked. Instead of just giving everyone unemployment they, Doubled unemployment for those
by lugged 5y ago
Pretty much.
I was sceptical of that they did in Aus but it sort of worked.
Instead of just giving everyone unemployment they,
Doubled unemployment for those that needed it
Created a new system that injected money into businesses, but only if they kept you employed, i.e. subsidized wages.
This let things snap back really quickly. Though there is still a lot of damage and the new lock down in Sydney is hurting without the same measures again.
The thing were finding is those that left jobs are just hard to get back into jobs, it takes time to hire negotiate and train people