Leonora Risse Profile picture
Jan 23, 2022 6 tweets 5 min read Read on X
Australia's latest labour force numbers paint a glowing picture, with employment and hours worked at record highs

But this doesn't give the full picture of workforce realities

Looking closer, it's Healthcare & Social Assistance fuelling this job growth

#ausecon #economy #jobs
This is unsurprising, given we're in a pandemic.

But it's worrying, because we know workers in this industry are being pushed to the brink.

Soaring growth in Healthcare & Social Assistance jobs includes almost 12,000 more workers who are now clocking up 50+ hours weekly
Shortfalls in the workforce capacity of Australia's Healthcare & Social Assistance sector is illustrated in job vacancy numbers.

The sector is currently battling a pandemic with 60,000 unfilled vacancies.

That's more than double pre-pandemic levels.

#COVID19Au #ausecon #auspol
These challenges sit within the broader issue of this workforce not being adequately remunerated, valued and recognised for their importance to begin with.

Average #earnings in Healthcare & Social Assistance remain below the workforce-wide average.
Economic logic prescribes that, when you need more of something (say, more #healthcare workers to fulfil critical job vacancies and deliver the essential services you are responsible for), you should pay them more and avoid pushing your existing workers to the brink.

#ausecon
If economic logic isn't enough to convince governments to invest more in our care workforce, we can only assume that something else must stand in the way.

The gender composition of this workforce might have something to do with it.

linkedin.com/pulse/australi…

#careeconomy #auspol

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More from @leonora_risse

Aug 20, 2022
This picture of Australia's #gendergap in earnings shows that progress in closing the gender gap has been plateauing since 2018

Women's average full-time weekly pay is $264 less than men's, equivalent to a 14.1% gap

This adds up to a gap of $13,723 over a year

#genderpaygap
Industries with the widest #gendergap in earnings in the Australian workforce

👩‍💻Professional services 25.3%
👩🏽‍⚕️Healthcare & Social assistance 22.2%
💵Financial services 19%
👷🏽‍♀️Construction 18.8%
🏘Real estate 17.4%
🚜Mining 16%

#genderpaygap #genderequality #womenintheworkforce
Compared to the nation-wide average of 14.1%, the gender gap in weekly full-time earnings swells to 22.4% in Western Australia

#genderpaygap #genderequality #ausecon #womenintheworkforce
Read 6 tweets
May 23, 2022
The rise of the teal female independents in #AusVotes2022 provides a striking case study into the power of "disruptive innovation"
(a concept defined by the esteemed Harvard Professor Clayton Christensen)
2/
Disruptive innovation is sparked when a small but growing segment of the market is ignored and neglected by existing businesses, deemed “not important" or "not lucrative" enough to bother catering to or investing in.
3/
In response to this void in the market, a new business can enter the market focused on addressing the needs, values and concerns of this "overlooked" segment.

They bring new ways of doing things and fresh approaches that resonate with those who feel unheard.
Read 7 tweets
Mar 26, 2022
What do economists want to see in #Budget2022?

We need investment in the economy's "real" productive capacity.

That means R&D, investment in the health & care workforce, housing, digital connectivity, dismantling barriers to women's economic inclusion

#ausecon #auspol
… This requires a #Budget2022 with long-term vision and policy innovation, not just short-term cost relief.

Current inflationary pressures mean that splashing cash could actually make things worse, unless we also focus on the "supply side" of the economy.
The Budget is also a statement of a country's values and priorities

Expect a sizeable increase in defence spending to "keep Australians safe"

Meanwhile Australian women continue to be murdered by a current or former partner at a rate of one woman per week (Source: @OurWatchAus)
Read 5 tweets

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