Abstract
When you take account of underemployment (those who would prefer to work more hours), South Australia has an alarmingly high labour force underutilisation rate of 17 percent (19 percent for women) compared to 14 percent for the nation. So what is driving this? Well, business and public sector investment is not sufficient to generate a rate of employment growth that is capable of offsetting continued job losses. The winding down of the auto industry, sustained pressure on manufacturing globally, and the struggling steel, minerals and energy sectors are all contributing to this. Compounding the poor jobs outlook is the end of a mini-boom in engineering and construction projects in South Australia.
Original language | English |
---|---|
Type | Opinion |
Media of output | magazine |
Publisher | The Adelaide Review |
Place of Publication | Adelaide |
Publication status | Published - 5 Apr 2016 |
Keywords
- unemployment
- underemployment
- South Australia
- industry transformation