Statistical Analysis of Economic and Social Trends in Australia

This report provides an analysis of recent economic and social changes in Australia. It highlights key trends such as the increasing employment of women, with a focus on the rising proportion of women in the workforce, and the shift in women's earnings relative to men. The report also examines evolving family dynamics, including the tendency for individuals to marry later and the increasing importance of family relationships. Furthermore, it explores the impact of dual-income households on childcare expenditure and consumer behavior. The report also discusses the desire for social interaction combined with financial stability and the changing patterns of women's career paths. The analysis draws on statistical data and provides insights into the evolving socio-economic landscape of Australia.

STATISTICAL LITERACY MATHS
IN CONTEXT

TABLE OF CONTENTS
MAIN BODY...................................................................................................................................1
REFERENCES................................................................................................................................3

MAIN BODY
Australia is the one of the developed nation on the earth. Change is the rule of the nature and
Australia is not exception. In the mentioned nation in past couple of year many new changes
come and are felled by the large number of people. These changes are given below.
 One of major change that comes in the Australia economy is that now more and more
women are doing a job. Proportion of women doing job in Australia increased to large
number as 71% of total number of women are employed in the specific companies and in
future time period also this proportion is excepted to increase (Argoon, A., Goldsmith, B.
& Steger, S. (2019, July 30). P15).
Figure 1Percentage of women doing job in Australia
 Other major change that is observed in past couple of years in the Australian society is
that women are earning more than men and proportion of such kind of women is
increasing from 22% to 25%. This is reflecting that proportion is increasing but at low
pace. Interesting fact is that male is also welcoming such kind of trends and proud on
their life partner on such kind of achievement. Thus, overall it can be said that women
empowerment happened in the Australia at rapid rate.
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 Third major change that is seen in the Australian society is that now youngsters become
carrier and family oriented and they are doing marriage at late age of 30. Substantial
proportion of male are living with their family members and are not giving much
importance to money relative to personal relationship.
 Fourth major change that is observed in the Australian society is that now a day’s large
number of couples who both are doing a job are making heavy expenditure on the child
care. They are make extravagance in purchasing cloths and toys for their children’s. This
means that people expenditure on the fulfilment of personal need and wants as well as
lifestyle also increased at rapid pace (Argoon, Goldsmith. & Steger, S. (2019, July
30)p15.). Now people saving behaviour to some extent is changing to the expenditure
making behaviour. Median expenses on child care is $152.60 which reflect that in
middle people are making such kind of expenditure. This amount is in middle of the
highest and lowest amount that people are paying for childcare with specific time period.
 Fifth trend is that people want to socialize themselves but at same time they want to earn
sufficient amount of money. They want to carry both things hand in hand but that is lease
possible for one to do.
 Sixth trend is that decade ago also women worked but population of such kind of women
was high who give birth to baby and it goes to school. But now trend get shifted and now
girls after completing their graduation directly do a job. They do not wait for job until
their children start going to school.
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REFERENCES
Books and Journals
Argoon, A., Goldsmith, B. & Steger, S. (2019, July 30). State of the nation report: Why this
woman is an insight into who we are. The West Australian, p. 15.
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