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Trends In Labour Markerts - Coggle Diagram
Trends In Labour Markerts
Increase in Part-Time Work
Stats
26% of workers in Australia are part time workers.
22% work Part Time due to preference and 9% because they could not find full time work
University
More University students have decided to take up part time work as they need to pay for university fees.
25% of Part time Workers work while studying
Child Care
25% of Part time Workers work while studying
Also an increase in female participation rate has increased due to the increase in child care price, housing prices and inflation
Around 1/3 of workers are part time compared to 1/10 back 50 years ago
Ageing population has caused an increase in part time work as the older people either want to work less or can't work as many hours
Contracting
Union membership in Australia is recorded at Casualisation is the transformation of a workspace from one chiefly permenant contract to one engaged on a short term basic
There were just over 1 million persons who were independent contractors with 72% of them are males
The largest independent contractors by occupation are male technicians and trades workers with 62%.
In selected industries, the largest independent contractors is construction. With male technicians and trades workers making up 62% of the contracting population
1 out of 10.7 million people were independent contractors in their main job making up 9% of employed people.
100 000 employed people who were in multiple job holders and who were not independent contractors in their main job were independent contractors in their second job.
In the labour market contractors work less in their main job than other types of employment.
Contractors tend to work less hours than full time employed
Union Membership
Union membership in Australia is recorded at 50
The ACTU pointed to the rise of casualisation as a growing insecurity in the Australian workforce
There was a report that an increase in Union Membership is correlated to a 40% insecurity in the workspace.
Australia is ranked 3rd in the world for nonstandard forms of work.
Wage increases from 2000 have meant employees no longer feel the need for unions as their pay is sustainable and high enough for the labour they supply.
With 70% of the Labour Force working in service based areas this has lead to a decrease in unionisation as this work is not considered dangerous
Less people are in Unions but are as influentual for wage increases as 20 years ago
Casualisation
Casualisation is the transformation of a workspace from one chiefly permenant contract to one engaged on a short term basis.
There are over 2.6 million casual workers in Australia.
Due to the Covid 19 Pandemic there has been an increase in causal employment by 2% due to the loss of full-time and part-time job.
The percentage of employees employed in casual positions is 24.5%
A benefit of working casualisation is the ability to leave your job or roster off time when you want
Outsourcing
1/4 of Australian companies out source call centres
78% of companies prefer onshore outsourcing up from 50%
Outsourcing is when you send less skilled worked to overseas companies to get the work on the cheap
Enables businesses to specialise and become very good in their core business model
Male Participation Rate
There has been a gradual decrease in Male Participation Rate
in 2016 11.5% are inactive for prime aged men (24-54) up since 1970 with 4% and 1930 with 2%
The increasing participation rate of women has caused a decrease in male participation rate
Female participation rate
Female employment growth has accounted for 2/3 of employment growth
5 983 900 women are employed in the Australian workforce
Participation rate of women with children are up to 73%