Social – Changing Work Patterns, Living Standards
Changing Work Patterns
The way in which Australians work has changed considerable over the past 10 years.
- Women now account for a greater proportion in the workforce
- Growth in the part-time work sector
- Increased growth in retail, hospitality and education sectors
- Increased flexibility (part-time, casual)
- Decline in Australia’s manufacturing sector
- Traditional hours of 9-5 are disappearing
- Increased mobility of works eg independent contractors
- The workforce is ageing
- Standard of living generally measured by standards such as real income per person, poverty rates, access and quality of health care, income growth inequality and educational standards.
- Populations with high standards of living have high levels of demand for consumer goods; this in turn stimulates economy through spending
- Australia has relatively high living standards, but the gap in Australia is growing.
Extract from Business Studies Stage 6 Syllabus. © 2010 Board of Studies NSW.