Further job losses could be on the cards, with the end of the Government's wage subsidies
Further job losses could be on the cards, with the end of the Government's wage subsidies
3 September 2020
Applications for the Resurgence Wage Subsidy scheme close at midnight.
Infometrics senior economist Brad Olsen says more job cuts are likely, as businesses stand on their own without support.
He says it's a tough time for Kiwis - with 74 and a half thousand people on some form of Government support.
He says some businesses are resilient, and looking for new opportunities.
But Olsen says it's going to be a tough ride ahead.
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