Trends in Employment and Labour Market Dynamics

0.0(0)
studied byStudied by 0 people
GameKnowt Play
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
Card Sorting

1/8

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

9 Terms

1
New cards

Casualisation

Increasing trend of employment in casual jobs with less job security and entitlements

2
New cards

Part-time employment

Working fewer than 35 hours per week; growing trend in Australia

3
New cards

Underemployment rate

The percentage of the labour force that is underemployed

4
New cards

Unemployment rate

(Number of unemployed ÷ Labour force) × 100

5
New cards

Labour force

People aged 15+ who are employed or actively looking for work

6
New cards

Labour force participation rate

(Labour force ÷ Working-age population) × 100

7
New cards

Trend in youth unemployment

Youth unemployment is often higher due to lack of experience and skills

8
New cards

Gig economy

A labour market trend where workers engage in short-term, flexible, contract jobs

9
New cards

Casual loading

Extra pay (typically 25%) for casual employees instead of leave entitlements