Lesson 6 & 7 - Impact of Technology and Globalisation Flashcards
Learning Intention: to know about the emergance of the sharing economy and changes in the nature of work and workplace arrangements due to the impact of technology.
What percentage of Australia’s labour force was employed in production industries in the late 1960s
-mining
-manufacturing
-construction
-agriculture
What happened to service industries in Australia from the late 1960s to 1997
Service industries including property and business services, accommodation, and hospitality boomed
What is job security
the likelihood that an employee will keep his or her job and not face unemployment through redundancy or dismissal
What factors have affected job security in the past 20 years
employment cutbacks, automation and downsizing
What is the average job tenure in Australia
3.3 years.
How many job changes can Gen X expect in their lifetime
about 11 job changes in a lifetime
How many job changes are Gen Y and Z expected to have compared to Gen X
twice as much
What is Gen Alpha’s job trend
they may change jobs even more in the future.
3 common reasons people change jobs
-workplace issues
-economic factors
-career growth
3 reasons for changing jobs
-workplace issues
-economic factors
-career growth
1 economic reason for changing jobs
looking for better pay or conditions
What are career growth reasons for changing jobs
wanting more experience or opportunities
one workplace issue that leads to job changes
Bullying or feeling excluded.
What is 1 personal reason for changing jobs
Seeking new experiences or challenges
3 reasons people stay in jobs
-job security
-convenience
-good workplace culture
Impact of technology on work
technology creates and removes jobs, leading to an information revolution
What is the ‘always available trap’
checking work emails or messages outside work hours
How can social media impact employment
employers may check workers’ online activity
What is the sharing economy
a system where goods and services are shared between individuals
3 benefits of the sharing economys
-cheaper services
-extra income for workers
-more flexible jobs
2 disadvantages of the sharing economy
-workers are seen as independent contractors
-lower wages
-less job security
What are the implications of lower wages in the sharing economy
Lower wages and less job security.
How does the sharing economy affect traditional businesses
it creates competition with them
3 examples of sharing economy businesses
-Uber
-Airbnb
-GoGet
