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RBA Glossary definition for '000
'000 – Unit is in thousands.
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How Many Jobs Did JobKeeper Keep?
23 Nov 2020
RDP
2020-07
Given that 3 million individuals were receiving the payment over the period from April to July 2020, this implies that JobKeeper reduced total employment losses by at least 700,000 over
https://www.rba.gov.au/publications/rdp/2020/2020-07.html
Assessment
23 Nov 2020
RDP
2020-07
A 5 percentage point reduction in the unemployment rate equates to at least 700,000 fewer people leaving employment. ... First, our baseline estimates for May, June and July are 696,000, 1,002,000 and 839,000, respectively.
https://www.rba.gov.au/publications/rdp/2020/2020-07/assessment.html
Appendix A: Comparison of PPP and JobKeeper Programs
23 Nov 2020
RDP
2020-07
Direct subsidies for payroll costs implemented by ATO. Replacement rate. Proportionate to pre-scheme payroll (100%, but with US$100,000 cap for each worker). ... 2.31m. 0.7m. Cost-per-job saved. US$224,000 (2.31m US$518b). A$100,000 (0.7m A$70b). Notes:
https://www.rba.gov.au/publications/rdp/2020/2020-07/appendix-a.html
Conclusion
23 Nov 2020
RDP
2020-07
At the aggregate level, this implies JobKeeper prevented at least 700,000 additional employment relationships being lost in the short term.
https://www.rba.gov.au/publications/rdp/2020/2020-07/conclusion.html
Introduction
23 Nov 2020
RDP
2020-07
In its first six months, it supported around 3.5 million workers in more than 900,000 businesses, and undoubtedly played a crucial role in cushioning the decline in employment and ... Scaling our estimates up to the aggregate level suggests that
https://www.rba.gov.au/publications/rdp/2020/2020-07/introduction.html
Robustness and Potential Biases
23 Nov 2020
RDP
2020-07
In May, 437,000 people (2.1 per cent of the working-age population) were classified as not being employed even though they had a job to return to (Figure 3). ... This number fell to 288,000 in June, and 209,000 in July.
https://www.rba.gov.au/publications/rdp/2020/2020-07/robustness-and-potential-biases.html
How Many Jobs Did JobKeeper Keep?
23 Nov 2020
RDP
2020-07
In its first six months, it supported around 3.5 million workers in more than 900,000 businesses, and undoubtedly played a crucial role in cushioning the decline in employment and ... Scaling our estimates up to the aggregate level suggests that
https://www.rba.gov.au/publications/rdp/2020/2020-07/full.html
Non-technical summary for ‘How Many Jobs Did JobKeeper Keep?’
23 Nov 2020
RDP
2020-07
At the national level, JobKeeper prevented at least 700,000 additional employment relationships being lost in the short term.
https://www.rba.gov.au/publications/rdp/2020/2020-07/non-technical-summary.html
Appendix E: Alternative Identification Strategy
23 Nov 2020
RDP
2020-07
As at 30 March, there were 965,000 temporary visa holders with a right to work in Australia (excluding New Zealand citizens), of which 59 per cent were students.
https://www.rba.gov.au/publications/rdp/2020/2020-07/appendix-e.html