PRONOIA RESOURCES LIMITED Sports How to get a fair share of the future of work

How to get a fair share of the future of work

A new report suggests that people who work in low-paid jobs have a significantly lower chance of achieving a good-quality retirement, according to a study by a University of Sydney research team.

Key points:Study finds people who are in low paid jobs have higher chance of being better off than those in higher paid jobsIn the study, researchers analysed data from the Australian Bureau of Statistics’ Current Population Survey (CPS), which has been used for many decades to determine who lives in what areas.

“The CPS data shows that people in low pay are more likely to live in low income neighbourhoods and to have lower income than people in higher pay areas,” Professor Alan Hargreaves from the University of NSW said.

“What’s more, people who earn less are more often living in the poorest areas of cities, and in particular in metropolitan areas.”

The research found people who live in the lowest paid jobs had higher chances of being less likely to be well off in retirement.

“A person in a low-paying job who has lower income in retirement has a slightly higher probability of being living in a poorer neighbourhood, and living in low socioeconomic areas,” Mr Hargroves said.

However, the researchers did not identify what factors were responsible for this difference.

“We’re not going to know whether that’s because people in these jobs tend to work in jobs where they earn less, or whether it’s because the job is less important, or because people don’t find these jobs very interesting,” Professor Hargrey said.

Professor Hargreys study also looked at the impact of the recession on the life chances of people.

It found that while there was a negative relationship between the number of people in a given household who had jobs and their life chances, there was also a positive relationship between people in households where at least one member worked for at least 10 years.

“It turns out that those households with people working for 10 or more years, for example, have better life chances than those with fewer people who worked for more than 10 years,” Professor Gail Dickson from the ANU’s Centre for Work and Income said.

While there was no clear relationship between being a member of a low paid or low paid-to-retire group and the likelihood of being a better off individual, the study found a negative correlation between those in low and high paid employment.

“People in low wages who are employed for less than 10 hours per week have a higher probability that they will be worse off than people who do not work in these low paid positions,” Professor Dickson said.

The study also examined whether the factors associated with being poor affected the life satisfaction of people working in low paying or low paying-to.

It concluded that the “economic circumstances of people who have worked in low or low-pay employment are related to a lower level of life satisfaction, with those in lower paid jobs having lower life satisfaction than those who work at higher or higher pay.”

The study is published in the journal Social Indicators Research.

Topics:work,social-policy,people,housing,religion-and-beliefs,people-and/or-society,work,education-and-(psychology)in-schools,annastacia-3420,australiaMore stories from New South Wales