Friday, October 21, 2022

Average future years on a benefit increases again

MSD's Annual Report was released yesterday.

From the CEO's forward:

There is a lot we can reflect on and be proud of over the last year, including:

Getting more people into jobs than ever before

A relentless focus on getting people jobs has seen 226,836 clients move off benefit into work in the last two years – our highest recorded result.

Great. But how many benefits were granted in the same two years?


In the past two years there have been more benefit grants than cancellations.

With all the covid disruption to labour markets, movement on and off benefits has been volatile and not the best gauge of success.

Here is, perhaps, the most important indicator:

"The number of years, on average, for which people receiving a benefit at 30 June in the respective year are expected to be supported by a benefit over the remainder of their working lives."

There has been a 20 percent increase in average future years on a benefit over the last five years.

Again, I put this down to expectations built by Labour. Through various policies they have made it easier to get on a benefit and stay on a benefit. Add to this a health system that isn't fixing people ...

Here's a sobering thought.

Right now, that expectancy totals 4.43 million years.

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