Australian Workforce Shows Stability

LATEST AUSTRALIAN BUSINESS NEWS

The latest workforce data to be issued from the Australian Bureau of Statistics (ABS) shows that the Australian workforce is quite stable – an issue of importance to businesses considering taking up opportunities in Australia either from start-up or as a joint venture.

• Of all the employed persons aged 15 years and over, 24% had been with their employer or business for more than 10 years.
• Approximately one in four (24%) employed persons worked 45 hours or more in their main job in the reference week. Of these, 35% were owner managers.
• Nearly all (90%) of employed persons in November 2004 expected to be with their current employer or business in 12 months time.
• Of the employees who said they worked on a contract basis, 19% worked in the property and business services industry and 18% worked in education. Almost one-third (31%) of employees who said they worked on a contract basis were Professionals.

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David

editor@agarcarlyon.com