More than two million people are no longer relying on JobKeeper, as the federal government prepares to end the supplement.

New figures show about 1.5 million people are still relying on JobKeeper, but the number of workers dependant on it has dropped 56 per cent.

Treasurer Josh Frydenberg told Ben Fordham the “numbers are very encouraging”.

“JobKeeper needs to end in March.

“Every dollar that we spend on this program is a borrowed dollar.”

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