australia Statistical Profile introduction to australia australia statistical profile no.14 november 2009

Similar documents
united kingdom Statistical Profile introduction to united kingdom united kingdom statistical profile no.18 january 2010

Country Profile: United States

brazil Workforce Profile introduction to federative republic of brazil brazil workforce profile no.23 july 2010

japan Statistical Profile introduction to japan country statistical profile no. 1 japan august 2008 country statistical profile no.

the working day: Understanding Work Across the Life Course introduction issue brief 21 may 2009 issue brief 21 may 2009

State Profile: Iowa. Iowa Indicators: Aging & Work. State Perspectives. State Profile Series. Quick Fact Check for Iowa.

State Profile: Delaware

Statistical annex. Sources and definitions

State Profile: Michigan

Workforce participation of mature aged women

State Profile: Colorado

State Profile: Vermont

State Perspectives. Kansas Indicators: Aging & Work years 23.2% 41.6 years 66.3% 25.1% 3.0%

BLS Spotlight on Statistics: International Labor Comparisons

State Profile: Montana

State Profile: South Carolina

State Perspectives. Virginia Indicators: Aging & Work years 22.5% 41.3 years 62.8% 21.8% 2.7%

State Profile: Utah. Utah Indicators: Aging & Work. State Perspectives. State Profile Series. Quick Fact Check for Utah.

Financial Implications of an Ageing Population

Chapter 12 Government and Fiscal Policy

Statistical Annex ANNEX

Work Capacity of Older Workers: Canada and the United States

Goal 8: Develop a Global Partnership for Development

PENSIONS IN OECD COUNTRIES: INDICATORS AND DEVELOPMENTS

Ageing and employment policies: Ireland

S U M M A R Y B R I E F. The Nordic countries are leaders on gender equality

Assessment of Damages for Survivors of Institutional Abuse

The Outlook for the U.S. Economy and the Policies of the New President

Developments in the youth labour market since the GFC

Statistical Annex. Sources and definitions

Income, pensions, spending and wealth

time use across the life course

A Chartbook of International Labor Comparisons

10% 10% 15% 15% Caseload: WE. 15% Caseload: SS 10% 10% 15%

2013 Global Survey of Accounting Assumptions. for Defined Benefit Plans. Executive Summary

17 January 2019 Japan Laurence Boone OECD Chief Economist

Investing for our Future Welfare. Peter Whiteford, ANU

Global Aging and Financial Markets

Business Investment in the United States

Most advanced economies face shrinking workforces. The U.S. is an exception.

Around the World in Eight Charts March 2008

Switzerland and Germany top the PwC Young Workers Index in developing younger people

Ways to increase employment

Questions and Answers about OLDER WORKERS: A Sloan Work and Family Research Network Fact Sheet

OECD THEMATIC FOLLOW-UP REVIEW OF POLICIES TO IMPROVE LABOUR MARKET PROSPECTS FOR OLDER WORKERS. NORWAY (situation mid-2012)

Corrigendum. OECD Pensions Outlook 2012 DOI: ISBN (print) ISBN (PDF) OECD 2012

CHARTS MAY 23, 2017 WASHINGTON, D.C.

WikiLeaks Document Release

Social Security Viewed from a Demographic Perspective: Prospects and Problems

THIRD MEETING OF THE OECD FORUM ON TAX ADMINISTRATION

Papers Policies to encourage older people to remain in the workforce Received: 22nd May, 2006

PRODUCTIVE AGEING ROBERT BUTLER MEMORIAL LECTURE ILC GLOBAL ALLIANCE

UK ECONOMY SITUATION & PROSPECTS

SelectUSA: A Federal Partner in Attracting Investment

Coping with Population Aging In China

Assessing Developments and Prospects in the Australian Welfare State

C W S S u m m i t. Dambisa Moyo 16 May 2012 London

An Overview of World Goods and Services Trade

American healthcare: How do we measure up?

Social Protection and Social Inclusion in Europe Key facts and figures

A Chartbook of International Labor Comparisons: The Americas, Asia-Pacific, Europe (June 2007)

Reporting practices for domestic and total debt securities

TAX POLICY CENTER BRIEFING BOOK. Background. Q. What are the sources of revenue for the federal government?

American healthcare: How do we measure up?

The Economics of Public Health Care Reform in Advanced and Emerging Economies

Demographic Changes, Pension Reform Needs in Asia and Prospects for International Cooperation

InterTrade Ireland Economic Forum 25 November 2011 The jobs crisis: stylised facts and policy challenges

MMGPI 2016 Outcomes. Dr David Knox Senior Partner, Mercer

Enhancing Gender Equality in the Japanese Labour Market

A Chartbook of International Labor Comparisons: The Americas, Asia, Europe, January 2007

GETTING TO EQUAL BRIDGING THE GENDER PAY GAP

Global Research and Development Expenditures: Fact Sheet

The potential $2 trillion prize from longer working lives

Québec s Retirement System: An Overview and the Challenges

Chart 1. Percent change in manufacturing output per hour,

The Business of Ageing Update 2015

Chapter 7 INTERNATIONAL GENDER PERSPECTIVE

Key Issues in the Design of Capital Gains Tax Regimes: Taxing Non- Residents. 18 July 2014

Quality of Life of Public Servants in European Comparison

Sources of Government Revenue in the OECD, 2016

Fiscal Policy in Japan

Chartbook of International Labor Comparisons: The Americas, Asia/Pacific, Europe

Budget repair and the size of Australia s government. Melbourne Economic Forum John Daley, Grattan Institute December 2015

Low employment among the 50+ population in Hungary

2018 UX Salary Survey

Global Business Barometer April 2008

REFORMING PENSION SYSTEMS: THE OECD EXPERIENCE

Is Government the Problem or the Solution to U.S. Labor Market Challenges?

July 2012 Decoding Global Investment Attitudes

Basic information. Tax-to-GDP ratio Date: 29 November 2010

Critical Demographics: Rapid Aging and the Shape of the Future in China, South Korea, and Japan

Session - International Diversity Labour markets, economic developments, and career information and guidance in OECD countries

2017 BAVARIA S ECONOMY FACTS AND FIGURES

MDG 8: Develop a Global Partnership for Development

WIN/Gallup International s. Annual global End of Year survey. reveals a world of conflicting hopes, happiness and despair

2018 Global Survey of Accounting Assumptions. for Defined Benefit Plans. Executive summary

Economic Outlook. Ottawa Chamber of Commerce/ Ottawa Business Journal: Mayor s Breakfast Series Ottawa, Ontario 27 April 2012.

Article from. The Actuary. August/September 2015 Volume 12 Issue 4

Statistics Brief. OECD Countries Spend 1% of GDP on Road and Rail Infrastructure on Average. Infrastructure Investment. June

OECD Health Policy Unit. 10 June, 2001

Transcription:

australia australia australia Statistical Profile Tia Di Biase, Joanne Goodall, Annie Chen and Philip Taylor introduction to australia Australia Papua New Guinea About this Statistical Profile Organizations striving to be employers of choice in different countries around the world need access to current information about the economic, social, political, and demographic characteristics of the countries where their employees live and work. The Country Profile Series focuses on statistics that can guide decisionmaking at the workplace: workforce highlights, economic highlights, and population highlights. This Country Profile is part of a set of resources about Australia available on the website of the Global Perspectives Institute: www.bc.edu/agingandwork. In the late 18th century, Europeans began to arrive in the land known today as Australia. The British established a penal settlement on the eastern coast in 1824, and migration from Europe increased, resulting in the foundation of the Commonwealth of Australia in 1901. Australia remains a part of the Commonwealth with a liberal democratic political system. When Australia became a federation, wool growing was at the center of economic activity, but many kinds of new goods, such as wheat, dairy, and other agriculturally based products, became a part of the Australian export repertoire as well. After World War II, the manufacturing sector experienced marked growth. The government s import restrictions led to increased profits for the manufacturing industry, including motor vehicles, metal processing, textiles, clothing, and chemicals. The country took advantage of its natural resources to rapidly develop agricultural and manufacturing industries. As a consequence, Australia transformed itself into an internationally competitive, advanced market economy. 1 Since 1990, Australia s economy has grown considerably. Its real economy has grown by an average of approximately 3.3% per year. The country s GDP in 2006 07 (in value terms) was just over $1 trillion, making it the world s 13th largest economy overall and the 10th largest industrialized economy. 2 There is no state religion in Australia. However, 64% of Australians in the 2006 Census identified as Christian (26% Roman Catholic and 19% Anglican). There has been a steady growth of Australians identifying as having no religion (19% in 2006), including humanism, atheism, agnosticism, and rationalism. Less than 6% of Australians state that they practice a non-christian religion. 3 The country is highly multicultural, with the Australian (37.13%), English (31.65%), Irish (9.08%), and Scottish (7.56%) ethnic origins maintaining the highest level of nominated ancestry, according to the 2006 Australian Census. 3 In 2008, four of Australia s capital cities were in the The Economist s Top Ten World s Most Livable Cities list, with Melbourne at second place. Sponsored by: agework@bc.edu 1

labor force highlights 4 65.3% of the total Australian population was in the labor force in 2009. The economically active population in Australia is projected to increase from 13.0 million in 2007 to 14.7 million in 2020. 5 The economically active population comprises all persons of either sex who furnish the supply of labor for the production of goods and services during a specified time reference period. 6 In July 2009, the unemployment rate in Australia was 5.8%. In May 2008, the average weekly hours worked by Australian employees were 36.4. This represents 41.0 hours for males and 30.9 for females. 7 6 28.1% of the total labor force worked part-time in 2008. In 2007, 12.9% of the total civilian employed labor force reported being self- employed. 8 Figure 1a. Employed as Percent of Total Population - Selected Regional Countries, 2008 Australia 52.8 Japan 52.1 New Zealand 53.2 0% 10% 20% 30% 40% 50% 60% Source: Organisation for Economic Cooperation and Development, 2008 9 Figure 1b. Employed as Percent of Total Population - Selected Comparable GNI Countries, 2008 Australia 52.8 Netherlands Korea United Kingdom 49.8 50.7 53.7 0% 10% 20% 30% 40% 50% 60% Source: Organisation for Economic Cooperation and Development, 2008 9 2 http://www.bc.edu/agingandwork

australia In 2006, Australia s employment rates were 79% for males and 66% for females, respectively, matching almost exactly those for the UK, Japan, and China. New Zealand shows the largest difference in employment rates between males and females (23.3%), and Australia follows with a gap of 13.3%. In all, 61.9% of the total Australian population is employed, a level comparable to that of New Zealand (62%) and China (58%). 10 Figure 2. Employment Rate, Ages 15-64, by Gender, Australia and Comparable OECD Nations, 2006 Australia China Japan New Zealand United Kingdom United States Source: The CIA World Factbook, 2009 10 0% 20% 40% 60% 80% 100% 58.8 65.5 68.2 66.1 66.8 68.4 78.8 79.5 78.1 78.4 82.1 81.0 Male Female Figure 3. Employment Rates in Australia, within age group, 2009 For men, employment peaks in the 25 54 age range and then drops sharply from age 55 onwards. 7 Female employment rates are lower than those for males, but show similar trends, with peaks around the same age. However, it is noteworthy that there is a decrease in employment rate for women ages 25-34, most likely due to childrearing. 4 100% 80% 60% 40% 20% 0% 56.3 56.2 15-19 85.6 79.1 20-24 91.3 73.4 25-34 90.7 86.9 75.7 74.6 35-44 45-54 71.1 50.1 47.7 21.6 55-59 69-64 10.4 65+ 2.8 Male Female Source: Australian Bureau of Statistics, 2009 4 Figure 4. Employment Rates in Australia Compared to Selected Regional Countries, within age group, 2007 100% 80% 60% Australia France Germany Italy Netherlands Sweden 40% 20% 15-24 25-54 55-64 Source: Organisation for Economic Cooperation and Development, 2008 8 agework@bc.edu 3

Figure 5a. Current and Projected Economically Active Population Estimates in Australia, within age group, for years 2007 and 2020 100% 80% 2007 2020 60% 40% 20% 0% 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65+ Source: International Labour Office, 2009 5 Figure 5b. Current and Projected Percentage of Total Population Economically Active in Australia for years 2007 and 2020 for males and females 2007 Male 2007 Female 2.1 15.8 2.0 13.0 8.6 10.7 Under 20 20-44 45+ 2020 Male 1.8 14.7 11.5 2020 Female 1.8 10.5 12.4 0% 5% 10% 15% 20% 25% 30% Source: International Labour Office, 2009 5 4 http://www.bc.edu/agingandwork

australia economic highlights The 2008 estimate of the gross domestic product purchasing power parity in Australia was the equivalent of $800.2 billion. 10 The greatest growth in GDP was in services (71%), with the proportion contributed by industry and agriculture at 26% and 3%, respectively. 10 Figure 6. GDP Growth, Australia and Comparable GDP Comparisons Following a similar pattern to many other countries, Australia s growth in real GDP increased by 1.2% in 2007 but then dropped by 1.7% in 2008. 10 15% 2006 12% 2007 2008 9% 6% 3% 0% -3% New Zealand United States China Australia United Kingdom Japan Source: The CIA World Factbook, 2009 10 Figure 7. Total National Debt as Percentage of GDP, Selected Regional Countries, 1992-2007 200% Australia Japan 150% 100% 2 New Zealand United States 50% 0% 1992 1994 1996 1998 2000 2002 2004 2006 Source: Organisation for Economic Cooperation and Development, 2009 9 agework@bc.edu 5

As Table 1 demonstrates, the most important export trading partner for Australia in 2006 was Japan (19.1%), followed by China (14.3%). 10 Table 1: Most Important Export Trading Partners in Australia, the UK and the US Trading Partner Australia United Kingdom United States Percent Trading Partner Percent Trading Partner Percent 1 Japan 19.1 US 14.1 Canada 21.4 2 China 14.3 Germany 11 Mexico 11.7 3 South Korea 8 France 7.8 China 5.6 4 India 5.9 Ireland 7.5 Japan 5.4 5 US 5.8 Netherlands 6.4 UK 5.8 6 NZ 5.2 Belgium 5.3 Germany 4.3 Source: The World Factbook, 2008 10 The most important import trading partners in Australia in 2006 were China (14.5%), and the United States (13%). 10 Table 2: Most Important Import Trading Partners in Australia, the UK and the US Trading Partner Australia United Kingdom United States Percent Trading Partner Percent Trading Partner Percent 1 China 14.5 Germany 13.7 China 16.9 2 US 13 US 8.3 Canada 15.7 3 Japan 9.6 Netherlands 7.2 Mexico 10.6 4 Singapore 6.2 France 6.8 Japan 7.4 5 Germany 5.2 China 5.9 Germany 4.8 6 UK 4.5 Norway 4.9 7 Thailand 4 Belgium 4.8 Source: The World Factbook, 2008 10 6 http://www.bc.edu/agingandwork

australia demographic highlights In 2009, Australia s estimated population was 21,432,000 persons, with females accounting for 10,771,000 persons (50.2%). The proportion of the population aged 0 14 years and aged 65 years and over was 19.3% and 13.2%, respectively. 11 8 In 2006, 24.1% of the Australian population was foreign-born. Australia s total fertility rate (TFR) in 2009 was 1.78 children per woman, which is a slight decrease from 2006 (1.81 children per woman). 12 In 2007, the ratio of the population aged 65 and older to the overall population was 13.7. In comparison, the ratio was 12.6 in New Zealand and 21.5 in Japan. 8 Figure 8. Median Age, by Gender, Australia and Comparable Developed Nations The median age of the Australian population in 2009 was 37.3 years (36.6 years for males and 38.1 years for females). Australia is more similar to the US and New Zealand than the UK in terms of its age profile. However, Australia shows a smaller median age gap between males and females. 10 Males Females 36.6 35.8 39.1 35.4 38.1 37.4 41.3 38.0 Australia New Zealand United Kingdom United States 0 10 20 30 40 50 Source: The CIA World Factbook, 2009 10 Figure 9. Life Expectancy at Birth, Australia and Comparable Developed Nations In 2009, the life expectancy in Australia was 81.63 years. In the past two and a half decades, a reduction in mortality among those aged 50 and over contributed 70% and 73% to the increase in male and female life expectancy in Australia, respectively. Currently, increasing life expectancy is closely tied to aging. Average life expectancy in Australia exceeds that of the UK and the US. 10 Males Females 79.3 71.6 78.8 78.4 76.5 75.7 84.1 75.5 85.6 82.4 81.6 80.7 0 20 40 60 80 100 Australia China Japan New Zealand United Kingdom United States Source: The CIA World Factbook, 2009 10 agework@bc.edu 7

In Australia, 8.7% of the male population and 9.9% of the female population is aged 60 or older. In comparison: In Japan, 12.5% of the male population and 16.0% of the female population is 60 or older. In the United States, 7.8% of the male population and 10.0% of the female population is 60 or older. In Australia, the age distribution of the population is evenly dispersed, with women comprising a slightly larger percentage of the older population. Japan s population, in contrast, has a greater concentration of older adults compared to younger individuals. The age distribution in the United States population is fairly consistent among the younger age groups and then decreases at the 55-and-older age groups (see Figures 10a 10c). Figure 10a. Population Distribution of Australia, 2008 4.0 3.5 3.0 Male 2.5 2.0 1.5 1.0 0.5 100+ 95-99 Female 90-94 85-89 80-84 75-79 70-74 65-69 60-64 55-59 50-54 45-49 40-44 35-39 30-34 25-29 20-24 15-19 10-14 5-9 0-4 0.0 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 % of Population There is a relatively even distribution of the Australian population by age. There is little difference between men s and women s distributions. Source: US Census Bureau 13 Figure 10b. Population Distribution of Japan, 2008 4.0 3.5 3.0 2.5 Male 2.0 100+ 95-99 90-94 Female 85-89 80-84 75-79 70-74 65-69 60-64 55-59 50-54 45-49 40-44 35-39 30-34 25-29 20-24 15-19 10-14 5-9 0-4 0.0 1.0 0.5 0.0 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 % of Population Source: US Census Bureau 13 8 http://www.bc.edu/agingandwork

australia Figure 10c. Population Distribution of the United States, 2008 Male 95-99 90-94 85-89 80-84 75-79 70-74 65-69 60-64 55-59 50-54 Female 45-49 40-44 35-39 30-34 25-29 20-24 15-19 10-14 5-9 0-4 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 o.0 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 % of Population Source: US Census Bureau 13 Figure 10d. Age Projections in Australia The proportion of the Australian population aged 65 years and over is projected to exceed children aged 0 14 years after 2021. By 2051, 22.3% of the population is projected to be aged 65 years and over, in comparison to 16.7% of the population aged 0 14 years. 11 80 0-14 years 70 15-64 years 60 65 years + 50 40 30 20 10 2011 2016 2021 2026 2031 2036 2041 2046 2051 2056 2101 Source: Australian Bureau of Statistics, 2009 11 agework@bc.edu 9

references 1 United Nations. (2006). Commonwealth of AUSTRALIA public administration country profile. Available at: http://unpan1.un.org/intradoc/groups/public/documents/un/unpan023300.prf 2 Department of Foreign Affairs and Trade. (2008). About Australia. Canberra, Australia: Australian Government. Available at: http://www.dfat.gov.au/facts/snapshot.html 3 Australian Bureau of Statistics. (2006). Census. Canberra, Australia: Australian Government. Available at: http://abs.gov.au/websitedbs/d3310114.nsf/home/census+data 4 Australian Bureau of Statistics. (2009). Labour force, Australia. Canberra, Australia: Australian Government. Available at: http://www.abs.gov.au/ausstats/abs@.nsf/mf/6202.0 5 International Labour Office. (2009). Economically active population estimates and projections 1980-2020. Geneva, Switzerland. Available at: http://laborsta.ilo.org/ 6 Australian Bureau of Statistics. (2009). Australian labour market statistics, Apr. 2009. Canberra, Australia: Australian Government. Available at: http://www.abs.gov.au/ausstats/abs@.nsf/mf/6105.0 7 Australian Bureau of Statistics. (2008). Year book Australia, 2008. Canberra, Australia: Australian Government. Available at: http://www.abs.gov.au/ausstats/abs@.nsf/bb8db737e2af84b8ca2571780015701e/72097b9a7 0C71596CA2573D20010FD0A?opendocument 8 Organisation for Economic Cooperation and Development. (2007). Country profiles: Australia. Paris, France. Available at: http://stats.oecd.org/viewhtml.aspx?queryname=18144&querytype=view&lang=en 9 Organisation for Economic Cooperation and Development. (2008). Annual labor force statistics summary tables. Paris, France. Available at: http://stats.oecd.org/index.aspx 10 The Central Intelligence Agency. (2009). The CIA world factbook. Washington, DC: Central Intelligence Agency. Available at: https://www.cia.gov/library/publications/the-world-factbook/ 11 Australian Bureau of Statistics. (2009). Australian social trends, 2008. Canberra, Australia: Australian Government. Available at: http://www.abs.gov.au/ausstats/abs@.nsf/lookup/4102.0main+features12008?open Document 12 Australian Bureau of Statistics. (2008). Birth, Australia, 2007. Canberra, Australia: Australian Government. Available at: http://www.abs.gov.au/ausstats/abs@.nsf/detailspage/3301.02007?opendocument 13 U. S. Census Bureau. (2009). International database. Washington, DC: Population Division. Available at http://www.census.gov/ipc/www/idb/ 10 http://www.bc.edu/agingandwork

australia Country Context Team Leaders Marcie Pitt-Catsouphes, Director, Sloan Center on Aging and Work Tay K. McNamara, Director of Research, Sloan Center on Aging and Work Jungui Lee, Postdoctoral researcher, Sloan Center on Aging and Work about the institute Established in 2007 by the Sloan Center on Aging & Work at Boston College, the Global Perspectives Institute is an international collaboration of scholars and employers committed to the expansion of the quality of employment available to the 21st century multi-generational workforce in countries around the world. The Global Perspectives Institute focuses on innovative and promising practices that might be adopted by employers and policy-makers. The Institute s research, publications, and international forums contribute to: a deeper understanding of the employment experiences and career aspirations of employees of different ages who work in countries around the world; informed decision making by employers who want to be employers-of-choice in different countries; and innovative thinking about private-public partnerships that promote sustainable, high- quality employment. The Sloan Center on Aging & Work at Boston College promotes quality of employment as an imperative for the 21st century multi-generational workforce. We integrate evidence from research with insights from workplace experiences to inform innovative organizational decision making. Collaborating with business leaders and scholars in a multi-disciplinary dialogue, the Center develops the next generation of knowledge and talent management. The Sloan Center on Aging & Work is grateful for the continued support of the Alfred P. Sloan Foundation. Tia Di Biase is a psychology/politics student at Swinburne University of Technology, Melbourne, Australia. Her current research interests include public policy, ageing and mental health. Joanne Goodall is a social science student currently on placement in the Business Work and Ageing Centre for Research at Swinburne University of Technology in Melbourne, Australia. Her main interests include exploring the impact of the work environment on mature-aged workers in terms of their physical and psychological health, as well as understanding the determinants of early retirement. Annie Chen is a PhD student at the Institute of Population Studies, Peking University, China. Philip Taylor is director of the Business, Work and Ageing Centre for Research at Swinburne University of Technology in Melbourne, Australia. His research interests include individual orientations to work and retirement; employer attitudes and practices towards older workers; international developments in public policies aimed at combating age barriers in the labor market and at prolonging working life; and healthy aging. agework@bc.edu 11

For additional Sloan Center publications, visit our website at www.bc.edu/agingandwork Global Statistical Profile 01 - Japan Global Statistical Profile 02 - United States Global Statistical Profile 03 - Pakistan Global Statistical Profile 04 - South Korea Global Statistical Profile 05 - China Global Statistical Profile 06 - Greece Global Statistical Profile 07 - Armenia Global Statistical Profile 08 - Italy Global Statistical Profile 09 - Singapore Global Statistical Profile 10 - Denmark Global Statistical Profile 11 - South Africa Global Statistical Profile 12 - India 12 http://www.bc.edu/agingandwork