Unemployment in Australia Report

UNEMPLOYMENT IN AUSTRALIA
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Contents
Introduction................................................................................................................................2
Unemployment in Australia.......................................................................................................3
Conclusion................................................................................................................................10
References................................................................................................................................11
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Introduction
This report is based on the unemployment, as is the critical factor that shall be considered;
otherwise, it can influence the countries on the each level of the economic progress. The
effect of the unemployment it effects the poverty and depression from the normal way of life.
It also affects the growth of children and due to this disputes in the home. In this market,
economics face some unemployment which is raised because of the growth, dynamic birth,
death of firms, decline and due to some changes are occurring in the employment.
Unemployment can be acceptable. The disadvantage of unemployment also affects the
individual one and also affects his or her family when it effects going continuously for
months or years. Due to effects of the unemployment, the Australian economy has learned to
make some large changes in the structure of the economy. It happens due to changes in the
technology such as due to the full edition of the world market and also a due increase of the
competition in the market due to lower pay countries also comes in the production of
manufactured goods, and also make the changes in the expenditure so that real income can
become out. In addition to this the continuous loss of a job is due to the oldest from education
and the level of the education is not increase as per the new technologies is coming as a result
of this there is a decline in the job opportunities. This report is based on the unemployment
statistics. In this economy is working on employ the women who can learn to earn for their
children and also for the married women so that by this employment increase for the women
and by this it also improve the economy.
In this concept of unemployment is not fixed. In addition to this in most of the countries
production of goods and services are developed through the proper economy and even the
people are working them for salary. This concept is also working in Australia even they also
adopt the standard international terms which are known as unemployment. In this concept,
the people can become unemployed if they do not work for one hour and people are keenly
looking for a job as fast as possible. In this survey is going for asking the people while they
work for one hour in the last week. Only those people will give the correct answers who work
in the black economy. In this, it gives the opportunity to decrease the level of unemployment
and provide the employment to the people with wages.
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Unemployment in Australia
Unemployment has become the serious point, as due to this number of people who are
capable to work, but cannot do work because of some reason; such as- low prospects for a
new job, low vacancies but a number of applicants are high and much more. The rates of
unemployment are kept at lower volume by Australia, in comparison to other nations.
However, unemployment has become one of the consistent issues for the Australia, as it has
affected the economy of the nation. The alterations done in the production patterns lead to the
loss of jobs and resulted in lower opportunities for a job in Australia (Simpson, 2017). This
can be regarded as one of the reasons which for increasing unemployment in Australia.
In Australia, the two foremost measurements of employment are- Australian Bureau of
Statistics unemployment rate and labor force participation rate. Unemployment has become
the big issues in all the sectors and it also effects in an economic sector not only in terms of
opportunity but also in the charge of low production, and even it has also affected the social
sectors in terms of poverty, inequality and some of the family problems arisen. In this
unemployment can be various types such as long term and short terms the common between
all types of unemployment is cyclical or structural factors (George, 2015). It is the duty of
government to keep the minimum unemployment in the country. Introduction of technology
has become more difficult to a human being to work with or understand the new method of
production and due to this unemployment increase and the jobs became unnecessary
(Simpson, 2017). In this, the workers think that the skills which are used in the past
industries are very useful but this technology is not used for the new and upcoming
industries.
Structural unemployment is the most common type of unemployment. This type of
unemployment occurs due to changes in the structural changes and fluctuations occur within
the economy due to some modifications occurred in the technology besides the ups and
downs occur in demands of good and services.
Another point is cyclical unemployment it happens because of the downfall in the economy.
Decrease in the demand and production no need of the workers and due to this, it increases
the unemployment in the business sector (Hutchens, Australia's unemployment rate
rises to 5.9% with 6,400 jobs lost in February, 2017). Cyclical unemployment is
different from the economy level of the growth of the economy. In addition to this in past
years, Australia is working on improving the cyclical unemployment.
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