A few weeks back, Per Capita released a report arguing that the COVID-19 pandemic would be a financial boon for employment agencies that are members of the federal government’s Jobactive program.
The think tank’s report suggested that Jobactive agencies would receive at least $210 million in additional service fees based on expectations that an extra 700,000 unemployed people would be assigned to Jobactive agencies as the jobless rate rises.
Around 40 privately run employment agencies and not-for-profits participate in the Jobactive system. They receive fees for each jobseeker placed on their books, as well as incentive payments once people find work.