In addressing tonight’s #MenziesOration question from young people - “Do I have a future?” - @TraversMcLeod is highlighting three major challenges that are limiting young people’s wellbeing and chances of a sustainable livelihood right now. 1/4
The first challenge is a mismatch between job vacancies & the young people equipped to fill them. There are 770,000 Australians who are part of our employment services system, which is 26% more than before COVID and includes 111,000 young people. #MenziesOration 2/4
The second is an outdated education & training system. Less than half of learners in #VocEd complete their training. Only one in three (34.4%) young training graduates say their qualification was ‘highly relevant to their job’ post training. #MenziesOration 3/4
The third is a broken jobs ladder. The Productivity Commission found in the decade following the Global Financial Crisis, young people were the only group who experienced zero wage growth. This was the case regardless of education. #MenziesOration 4/4
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The first dimension @TraversMcLeod is outlining in a new 5 point plan for converting training into decent work and building employment pathways that benefit young people is about recognising and including young people directly in decision making. #MenziesOration
The second piece of the 5 point plan is about rebuilding hope by putting wellbeing and capability at the heart of a new youth guarantee that equips all young people for fulfilling jobs and careers. #MenziesOration
Third, is the need to re-imagine the role of government in the delivery of essential services, especially employment. This asks us to recognise Australians want government to partner in communities rather than just manage a market for job services. #MenziesOration