Impact Of Labour Shortage On Economic Growth Of Australia

The Impact of Labour Shortage on Economic Growth of Australia [Name of the Writer] [Name of the Institution] Table of Contents IMPACT OF LABOUR SHORTAGE ON ECONOMIC GROWTH OF AUSTRALIA 3 CHAPTER 1: INTRODUCTION 3 PURPOSE OF THE STUDY 3 CONTEXT OF THE STUDY 3 PROBLEM STATEMENT 4 RESEARCH QUESTIONS 5 CHAPTER 2: LITERATURE REVIEW 5 THE CONCEPT OF SKILLED LABOUR 5 SKILLS SHORTAGE 6 SKILLS SHORTAGE IN AUSTRALIA 7 CHAPTER 3: RESEARCH METHODOLOGY 8 DATA COLLECTION AND ANALYSIS METHODS 9 QUANTITATIVE DATA COLLECTION 9 QUALITATIVE DATA COLLECTION 10 DESCRIPTION OF THE RESEARCH PROCESS 11 PROJECT PLAN 12 EXPECTED RESEARCH OUTCOMES 12 CONCLUSION 12 REFERENCES 14 The Impact of Labour Shortage on Economic Growth of Australia CHAPTER 1: INTRODUCTION Purpose of the Study The present study will aim to address the labour shortage in Australia that ultimately affects the economic growth of the country. From this perspective, Gavin (2010) points out that â€Å"The minerals and energy industry continues to make a significant contribution to employment and wider economic activity in the communities of regional Australia, and to governments directly through taxes and royalties. Skilled labour shortages; however, will continue to have an impact on the nation’s future growth and development prospects, especially in the minerals and energy industry† (p. 1). It would not be wrong to state that the labour shortages coexist with the â€Å"high levels of unemployment,† as these shortages areShow MoreRelatedUnemployment Of The Australian Economy1077 Words   |  5 Pagesunemployment rates are a prevailing socio-economic issue. With the labour market central to unemployment and the distribution of jobs, many factors arise as the key influences on unemployment. 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