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Business

Jacob Shteyman

Lifting unemployment benefit found to slow job hunting

Unemployment Matt Nolan

Economists disputed claims during COVID higher JobSeeker rates discouraged people from job hunting. (Tracey Nearmy/AAP PHOTOS)

Lifting unemployment benefits increases the average time job seekers spend out of work, research reveals, challenging assertions COVID-era support payments did not discourage people from looking for jobs.

The $550-a-fortnight JobSeeker Coronavirus Supplement reduced job-finding by 19 per cent, the study released on Tuesday by non-partisan think tank e61 Institute revealed.

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