Josh Frydenberg says the Australian labour market has outperformed expectations but he has declined to make a new prediction on the outlook for unemployment until the May budget. But he remains adamant the JobKeeper wage subsidy will end in March as planned, even though he concedes some regions in Australia are still doing it tough. “There is a lot of uncertainty out there both domestically and globally and the job is far from done,” the treasurer told the ABC’s Insiders program on January 31. He said 90 percent of Australians who lost their job last year are now back at work, which has seen the jobless rate fall to 6.6 percent. “The labour market has outperformed expectations,” Frydenberg said. Even so, he was reluctant to rule out the jobless rate reaching 7.5 percent in the March quarter as predicted in the mid-year budget review that was released in December. “Let’s …