Creating more jobs from the stimulus package

As many as 20,000 full-time jobs could be created for just $1 billion according to a submission by The Australia Institute to the Senate inquiry into the Government’s proposed stimulus package. For $42 billion the government is only expecting to sustain 90,000 jobs over two years, which is $233,000 per job per year. At just $50,000 per full-time job, the Institute’s plan to subsidise jobs in the community sector is five times more effective at creating jobs than the government’s focus on stimulating consumer spending.

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