The Changing Australian Labour Market (HSC SSCE Economics): Flashcards
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Industrial relations system
Industrial relations system
Laws, institutions & processes managing employer-employee relations
Primary function of trade unions
Primary function of trade unions
Negotiating wage increases on behalf of their members
ACTU full name & establishment year
ACTU full name & establishment year
Australian Council of Trade Unions, established 1927
Union membership: mid-1970s peak vs 2018
Union membership: mid-1970s peak vs 2018
55% of workers (mid-1970s) declined to 15% (2018)
Union membership: public vs private sector (%)
Union membership: public vs private sector (%)
39% public sector, 9% private sector
Avg wage premium for union members in Australia
Avg wage premium for union members in Australia
12% higher on average
Union wage-employment trade-off
Union wage-employment trade-off
Higher wages achieved may lead to lower employment levels
Employer associations definition
Employer associations definition
Organisations formed by employers to represent their interests
3 key federal employer associations in Australia
3 key federal employer associations in Australia
BCA, Australian Industry Group, ACCI
4 types of trade unions
4 types of trade unions
Occupational, industry-based, enterprise-based, general