How to save your family’s job in Australia
FourFourtwo – Industrial Services has just released a new study that shows how to save family jobs in Australia.
In the study, the research firm says that one in four jobs in the economy are held by Australians.
It says the country’s industrial sector is responsible for almost half of the countrys total employment.
“In the last decade, the economic growth rate of Australia has been about one per cent, while the labour market has shrunk,” the report said.
“While the labour force participation rate has been declining, the labour productivity of the workforce has increased by an average of 1.3 per cent a year since the late 1990s.”
As the economy continues to expand and create jobs, Australia is increasingly dependent on the growth of the labour and capital markets to support its growth.
“A strong and vibrant Australian labour market will continue to be key to the future prosperity of the nation.”
To improve the quality of life for our workers, a strong and sustainable industrial sector needs to be part of the solution.
“The report points out that while Australia has a strong labour market, the quality is not uniform across industries.
The sector that has the biggest impact on workers is healthcare and related services.
In fact, the health sector is the most important part of a strong industrial sector, with almost a third of the jobs in healthcare services and related fields held by Australian workers.”
Hospitals and health care facilities employ more than 40 per cent of all Australian workers,” the study said.”
Employers are more likely to hire Australian workers if they can get the skills and experience they need.
“The study points out the main driver for this labour shortage is that Australia’s population is ageing.”
Over the last three decades, Australia’s labour force has increased from 2.7 million to 4.4 million.
“While Australia’s ageing population is one of the main causes for the country not having a strong industry, it is not the only factor.”
Australia’s population also has been increasing at a rate that is slowing down growth in the labour supply chain,” the company said.
Topics:economic-trends,industry,jobs,people,industries,economy,australiaFirst posted March 05, 2019 12:38:20Contact Nick O’ConnellMore stories from New South Wales