Fewer young people are working in their career job at age 24 than ten years ago, with significantly higher rates of young people uncertain whether the job they have is the one they would like as a career, according to a new analysis released today by the National Centre for Vocational Education Research (NCVER).
Life at 24: Then & Now uses data from the Longitudinal Surveys of Australian Youth (LSAY) to provide a snapshot of how study, training and work have changed for Australians aged 24 in 2018 when compared with those of the same age in 2008.
Simon Walker, Managing Director, NCVER, said these figures are likely due to several factors: “Young people are taking significantly longer to complete their studies and transition into ‘career jobs’ than they were ten years ago,” he said.
“The proportion of young people in full-time work has decreased over the last decade, while an increasing number are working more than one job to reach full-time working hours,” Mr Walker said.
“A lack of job opportunities and not enough work experience are the main barriers to gaining full-time employment identified by young people in 2018.”
The proportion of 24-year-olds unable to meet their basic needs due to a shortage of money has increased significantly over the past ten years.
“Our data also shows that more than one in ten 24-year-olds aren’t able to get the medical treatment they require, a figure that has almost doubled in the past decade,” Mr Walker said.
These pressures haven’t stopped today’s young people from being socially conscious, with significantly more 24-year-olds taking part in volunteering activities in 2018 compared with ten years ago.
Today’s young people are also more qualified, with higher proportions obtaining a bachelor degree or postgraduate qualification than ever before. This trend has accelerated with the introduction of the demand-driven higher education system, which led to an increase in higher education enrolments between 2010 and 2017.
SOURCE: LSAY. “Future less clear for today’s young people.” NCVER, 15 August 2019.
Produced by the librarians at the Brotherhood of St Laurence in Melbourne, Australia