Preview

Unemployment In Australia

Good Essays
Open Document
Open Document
298 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Unemployment In Australia
Youth unemployment in Australia has been a problem of the past and is rising with poor implementations. As such, various factors have to be contributing towards the issue. Contributing factors are approaches or methods that escalate the problem, and needs attention should be accorded.
Answering the question will develop insights on some of the causes that are global, but are not significant in Australia. The cause of unemployment according to Bond et al. (2015) is low education level and skills. Lack of economic growth and regulatory constraints limits the wages of young people. Poor policies that do not provide welfare services to poor young people contribute towards the problem (Carvalho, 2015). Being from a disadvantaged family makes the


You May Also Find These Documents Helpful

  • Good Essays

    Wages in Australia are currently determined by the interaction of demand and supply of labour in the labour markets. The wage rate is the equilibrium of demand and supply of labour. At the point, the amount of labour supplied is equal to the amount of labour demanded. If the real wage rate is above this point, then there is excess supply of labour, thus causing unemployment. The unemployed people would then be willing to work at a lower wage, hence put downward pressure on the wage rate which eventually move down to the equilibrium wage rate. If the real wage rate is below the equilibrium wage rate, then there is excess demand then supply. In order to continue production, firms will be willing to offer higher wages to attract labour. This will thus lead to higher wages which eventually move to the market equilibrium.…

    • 1309 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Sustained high levels of unemployment have both economic and social implications, especially for young people and vulnerable groups. G20 members are discussing measures to lift labour force participation and create the right conditions for private enterprise to generate employment opportunities. This includes actions to strengthen female participation, address structural unemployment and, informal employment and improve labour market outcomes for young people and vulnerable groups, and improve workplace safety.…

    • 450 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Figure (1) displays that there is a high prevalence of unemployed people in the Western and South western regions of Sydney. Sydney's South West areas and inner west areas have high numbers of people not fluent in English e.g. Cabramatta-Marrickville .Both Figure (1) and (2) correlate well with each other as the areas which are high numbers of unemployment are also areas which have a high number on individuals of are not fluent in English.…

    • 1125 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Monkey Paw

    • 932 Words
    • 4 Pages

    A suspenseful and horrific piece of literature, “The Monkey Paw” is written by W.W Jacobs. A quaint family of three receives an unusual monkey paw that is capable of making any three wishes come true. Despite the caveat of a curse attached to the paw, the family chooses to make a wish, evoking from the story a suspenseful attitude as the reader becomes wrapped up in finding out the Smiths’ fated ends. With the combination of W.W Jacobs’ settings, characters, and foreshadowing, the theme of the story, “that fate cannot be decided upon by man” is delivered pointedly and with style.…

    • 932 Words
    • 4 Pages
    Powerful Essays
  • Better Essays

    The amount of policy’s that have been submitted to the government on unemployment in the last few years has been outstanding. One of the most recent policy’s has been on youth employment. Youth unemployment was at an all-time high in 2013 with 986,000 youths unemployed. It has dropped 253,000 in a year and now youth unemployed sits at 733,000 in Oct 2014. Youth unemployment statistics, (2014) This drop in unemployment has not stopped the government making policies cuts to the benefits that youths can acquire this can happen if they are not employed…

    • 1645 Words
    • 5 Pages
    Better Essays
  • Good Essays

    To be considered an ‘unemployed person’ you must be without work or a job, available to begin work and actively seeking new employment. The main reasons that people are usually left unemployed in Australia and around the world can be due to a person leaving their original job in search for a new one, jobs being season, for example fruit picking or working in a ski resort. Two other reasons that lead to unemployment is a reduction in consumer spending, therefore reducing the need for workers, and the use of new technology that can be used to effectively replace an employee.…

    • 1206 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Employers were not very nice, and exploited the fact that there were shortages in jobs. Many people were ready and willing to swoop in on a job if an employee quit, like vultures. The land was a place of equal opportunities, they said. Life is comfortable, and employment was easy, they said. In reality, life was difficult; the economic depression had bitten a huge chunk in Australia’s backside. Workers received very low wages, and were forced to work in poor conditions.…

    • 487 Words
    • 2 Pages
    Good Essays
  • Better Essays

    The national minimum wage is the minimum amount an employee can make that is not covered by an award or an agreement. Different countries set their minimum wage rates to be the minimum amount a person can make in order to survive in however that country’s economy allows. This paper will analyse the ways in which the minimum wage rates in Australia do not benefit today’s youth. It will show how the minimum wage rates contribute to older people missing out on jobs, less of a skill set among young people, and youth homelessness. It will be argued that minimum wage rates should be set at the same rate for people once they have reached the age of adulthood. Young people between the ages of 14 to 17 should also receive an increase in minimum wage rates, so that they may become more financially stable.…

    • 1624 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    In 2011, Australia had an unemployment rate of 5.0 %- which was similar to that of some economies such as Japan. In contrast, China had a relatively lower unemployment rate of 4.1%. Currently the January 2013 unemployment rate…

    • 1014 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    If the closing of the Geelong Ford Factory is taken as an example we can see that this will have an immense impact on structural unemployment rates for the area. With the plant currently employing over 1,500 staff, the layoffs in 2016 will see 1,200 workers lose their jobs. Unfortunately the unemployment doesn’t end there with a butterfly effect expected to branch out to other industries, such as hospitality, that relied on the patronage of the factory workers.…

    • 455 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Education and high unemployment are all issues that the indigenous aboriginals face. They have the lowest attendance rates and this leads onto high unemployment rates. Some aboriginals do not believe in European education, and others it is sometimes too far for them to travel to get proper education. This all has future effects on the children that do not attend school, as they are unable to be employed and therefore cannot lead a better life. It is a cycle that will continue until something is done. I believe that we should build more schools so the…

    • 536 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Employment provides income and therefore affects a person's economic wellbeing, but it also provides an opportunity for social engagement and improved self-esteem however it also has wider economic impacts. People with a mental health disorder may not be able to fully participate in the labour force, they may find it difficult to get and keep a job. According to the Australian Bureau of Statistics, the annual cost of mental illness in Australia has been estimated at $20 billion, which includes the cost of lost productivity and labour force participation.…

    • 89 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    The living and working conditions in Australia, at the start of the century depended very much on which social class a person belonged to because the society followed ‘laissez-faire’ policies, that is, the government interfered little in economic affairs and left people to look after themselves. Therefore, between the rich and the poor there were enormous differences in living conditions such as education, health and hygiene and in particular leisure. For average Australians work was very laborious, and in some cases even dangerous, and many employees were treated no better than slaves. Even though working conditions, hours and wages were harsh, they were much better than those of other industrial countries, making Australia known as a ‘working…

    • 1393 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Most youths are working part time jobs while they attend post-secondary education or that is the only position they can find available for them. Part time jobs are not very stable, generally there are no benefits available, and there is not that much money involved. The chances for many young people to move past these jobs are bleak, especially with the spread of technological…

    • 941 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The Australian Workforce

    • 766 Words
    • 4 Pages

    In recent the Australian workplace has drastically changed in the last decade due to changing business practices, economic conditions and government policy. The Australian workforce can be defined as anyone over the age of 15 who is currently employed or actively seeking work. The most noticeable change is the movement away from full time due to a whole number of factors.…

    • 766 Words
    • 4 Pages
    Good Essays