Book contents
- The Cambridge Economic History of Australia
- The Cambridge Economic History of Australia
- Copyright page
- Contents
- Contributors
- List of figures
- List of maps
- List of tables
- Preface
- Abbreviations
- Introduction: connecting past, present and future
- Part 1 Framework
- Part 2 Transition
- Part 3 Economic expansion of the colonies
- Part 4 A national economy
- 12 Capital markets
- 13 Manufacturing
- 14 Big business and foreign firms
- 15 Government and the evolution of public policy
- 16 The labour market
- 17 The service economy
- Part 5 Building the modern economy
- Part 6 Looking backwards and to the future
- Statistical Appendix: selected data series, 1800–2010
- References
- Subject index
- Company index
16 - The labour market
from Part 4 - A national economy
Published online by Cambridge University Press: 05 September 2014
Book contents
- The Cambridge Economic History of Australia
- The Cambridge Economic History of Australia
- Copyright page
- Contents
- Contributors
- List of figures
- List of maps
- List of tables
- Preface
- Abbreviations
- Introduction: connecting past, present and future
- Part 1 Framework
- Part 2 Transition
- Part 3 Economic expansion of the colonies
- Part 4 A national economy
- 12 Capital markets
- 13 Manufacturing
- 14 Big business and foreign firms
- 15 Government and the evolution of public policy
- 16 The labour market
- 17 The service economy
- Part 5 Building the modern economy
- Part 6 Looking backwards and to the future
- Statistical Appendix: selected data series, 1800–2010
- References
- Subject index
- Company index
Summary
In the 20th century a little regulated and rapidly growing labour market was transformed following the depression of the 1890s and Federation in 1901. This chapter focuses on four key aspects of the development of the Australian labour market since Federation. First are the patterns in the total labour supply as influenced by population increase, participation, hours of work and trends in labour-force composition. Second is the growth in workforce skills, as represented by the changing role and place of education, including vocational training. Third is the evolution of Australia's distinctive pattern of industrial relations, including the structure of wages. Fourth are the trends and fluctuations in average wages and unemployment. A resurgence of productivity from the microeconomic reform era of the 1980s and 1990s was dissipating by the second decade of the 21st century and was being seen as the dominant concern for future policy.
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- The Cambridge Economic History of Australia , pp. 351 - 372Publisher: Cambridge University PressPrint publication year: 2014
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