Tag: Jobactive

Informed Comment

Jobactive report: who profited from it? – Michael West Media

MW JOBACTIVE REPORT (FINAL)

Our financial analysis of the major earners from the publicly funded jobactive model suggests that it is primarily American-owned multinational corporations who are profiting, in the billions, from the privatised employment services model. The two largest jobactive providers, Max Solutions and APM are both controlled by American investment firms and together account for 56% of the $3.3 billion handed out to employment service providers since its inception in 2015.

Source: Jobactive report: who profited from it? – Michael West Media

Unemployment

Jobactive fails jobless while privatised job agencies revel in a record pandemic profit boom – Michael West

Job active illustration

Large job agencies who dominate Australia’s privatised employment system are enjoying a boom of record profits, and even a takeover spree, while their disillusioned job seekers complain of churning and profiteering. Meanwhile, those in government on both sides of the political aisle are calling for reform. In this special investigation, Stephanie Tran reports on the failure of Jobactive.

Source: Jobactive fails jobless while privatised job agencies revel in a record pandemic profit boom – Michael West