Labour markets and wages in Australia in 2012

During 2012, the labour market continued to show considerable diversity in outcomes for different labour market groups. Employment growth was slower and the number of employees searching for full-time work rose alongside falling participation rates compared with the previous year. Overall, the emplo...

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Main Authors: Jefferson, Therese, Preston, Alison
Format: Journal Article
Published: Sage Journals 2013
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/19585
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author Jefferson, Therese
Preston, Alison
author_facet Jefferson, Therese
Preston, Alison
author_sort Jefferson, Therese
building Curtin Institutional Repository
collection Online Access
description During 2012, the labour market continued to show considerable diversity in outcomes for different labour market groups. Employment growth was slower and the number of employees searching for full-time work rose alongside falling participation rates compared with the previous year. Overall, the employment situation for men was not looking as strong as for women, although women continued to exhibit higher levels of labour underutilisation. Earnings indicators suggest increased wages in low-paid sectors, although this was coming off a low base and may be indicative of catch-up for slow growth in recent years. The relative value of the minimum wage is now at its lowest level in six years, suggesting some evidence of growing earnings inequality. Recent debates in the mass media about labour productivity and industrial relations regulation appear to have limited grounding in national accounting and labour market data.
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spelling curtin-20.500.11937-195852017-09-13T13:46:03Z Labour markets and wages in Australia in 2012 Jefferson, Therese Preston, Alison multifactor - productivity labour productivity Gender pay gap minimum wages underutilisation hours of work During 2012, the labour market continued to show considerable diversity in outcomes for different labour market groups. Employment growth was slower and the number of employees searching for full-time work rose alongside falling participation rates compared with the previous year. Overall, the employment situation for men was not looking as strong as for women, although women continued to exhibit higher levels of labour underutilisation. Earnings indicators suggest increased wages in low-paid sectors, although this was coming off a low base and may be indicative of catch-up for slow growth in recent years. The relative value of the minimum wage is now at its lowest level in six years, suggesting some evidence of growing earnings inequality. Recent debates in the mass media about labour productivity and industrial relations regulation appear to have limited grounding in national accounting and labour market data. 2013 Journal Article http://hdl.handle.net/20.500.11937/19585 10.1177/0022185613480739 Sage Journals fulltext
spellingShingle multifactor - productivity
labour productivity
Gender pay gap
minimum wages
underutilisation
hours of work
Jefferson, Therese
Preston, Alison
Labour markets and wages in Australia in 2012
title Labour markets and wages in Australia in 2012
title_full Labour markets and wages in Australia in 2012
title_fullStr Labour markets and wages in Australia in 2012
title_full_unstemmed Labour markets and wages in Australia in 2012
title_short Labour markets and wages in Australia in 2012
title_sort labour markets and wages in australia in 2012
topic multifactor - productivity
labour productivity
Gender pay gap
minimum wages
underutilisation
hours of work
url http://hdl.handle.net/20.500.11937/19585