Wage subsidy saved close to half Kiwi jobs - report - News Summed Up

Wage subsidy saved close to half Kiwi jobs - report


Nearly half of all Kiwi workers were supported by last year's wage subsidy with the scheme saving jobs and businesses, Social Development Minister Carmel Sepuloni says. Overall, 47 per cent of New Zealand jobs, excluding sole traders, received at least one of the 2021 wage subsidies, the report states. This report shows that the wage subsidies served to protect jobs and support businesses that might otherwise have been lost. In 2020, 69 per cent of employed men and 54 per cent of women were supported by a wage subsidy. The wage subsidies have been an important tool in our toolbox in supporting them, and protecting people in nearly half of our jobs."


Source: New Zealand Herald May 09, 2022 07:30 UTC



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