Unemployment In Australia Essay

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Employment and Unemployment

Most Australians, at some stage in their lives, participate in the labour force and receive financial benefits in return. The participation rate of the labour force changes frequently as people constantly join and leave (ABS 2018). According to the ABS- “The labour force participation rate is defined as the labour force (persons employed or unemployed) expressed as a percentage of the population.”

Changes in AustraliaIn the past 20 years, Australia’s labour force participation rate has had a slow incline, rising from 60.8% in 1979 to 63.7% in 2002 (ABS 2018). Since then, the participation rate has increased to a record high of 65.7 per cent in April 2018. Along with the increasing participation rate, employment …show more content…

Generally, a woman on paid maternity leave would be treated in labour force surveys as being attached to a job, and hence employed, while a woman on unpaid maternity leave would be treated as not being attached to a job, and so not in the labour force. In some countries, women may be entitled to longer periods of paid maternity leave than in Australia, and so would be considered to be employed for a longer period, leading to higher participation rates in child-bearing years (ABS …show more content…

Business loss/Job cuts came into the number one reason for retrenchment, at 43% (ABS 2013). Business closure ranks at second with 18% followed by change of management at third with 15% (ABS 2013).
Source: ABS- Reasons for retrenchment in the workforce (July 2013)

Domino’s Manager says he consistently faces management changes due to owners selling the franchise due to lack of profitability. “At one stage we had 2 different management in a span of 2 months that affected 5 employees as the new owner employed relatives/friends in order to cut costs” (Domino’s Manager 2018). The interviewee stated that only the employees that are trained by Domino’s for a management position are kept in order to run the store and all other employees are let go.

“Even though full time employees should receive advance notice and their benefits before being let go, most employees are immigrants or students who aren’t aware of these conditions and unfortunately, comply with the new owner” (Domino’s

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