SOC 100A Lecture Notes - Lecture 10: Underemployment, Fordism, Basic Income
31 Dec 2018
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Document Summary
To get a comparative view the united states has a 10. 4% unemployment/ underemployment rate using the morgan criteria, whereas australia has 16. 6%. Underemployment: individuals employed but seeking more gainful employment than is available. In australia the formal definition of underemployment is: persons who work less than 35 hours in the week but who would prefer to work more hours (hughes et. al. The reason why underemployment is higher now than in the past is due to the growth in part-time over full-time jobs, particularly for the young (15-24 age-groups 300,00 unemployed) women and the over 55 age-group. These are also the groups most disadvantaged by long-term (>1 year) unemployment and under-employment. Since 2002, full-time employment has grown by 24% but part-time employment has grown by 40% (abs 6202. 0. In early 2015, over half of all unemployed youth were full-time students, who need to work to survive and this drives them to compete with the non-student youth for scarce work.
