The Australian Workforce (HSC SSCE Economics): Flashcards
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Practise the cards
10 cards from this deck
Age requirement to be part of workforce
Age requirement to be part of workforce
15 years and over
Min. hours/week to be classified as employed
Min. hours/week to be classified as employed
At least one hour per week
3 criteria for being unemployed
3 criteria for being unemployed
Available, actively seeking work, unable to find it
Natural increase definition
Natural increase definition
Excess of births over deaths in a year
Net migration definition
Net migration definition
Excess of arrivals over departures in a year
Australia's typical working age bracket
Australia's typical working age bracket
15-65 years
Most important factor for workforce quality
Most important factor for workforce quality
Education
Bachelor's degree earnings vs no high school
Bachelor's degree earnings vs no high school
2.4 times more
Net migration's % of pop. growth since WWII
Net migration's % of pop. growth since WWII
40%
Median age change from 1991 to 2016
Median age change from 1991 to 2016
Rose from 32 to 38 years