Western Sydney ready and willing to work hard and clever | thetelegraph.com.au - 3 views
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cmerris on 09 Apr 14Australia is ranked second in HDI, yet it is still in industries that most stage three countries would have. Australia still has not opened themselves up to services like the United States and Western European nations.
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Experts say an influx of “knowledge jobs’’ — that usually require a tertiary degree — are growing strongly despite a high Australian dollar and competition from cheap imports.
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industries such as healthcare, finance and insurance are growing strongly, while manufacturing companies are adapting to changing conditions.
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There is a recognition and a willingness to adapt to new and emerging industries such as those providing the ‘knowledge’ jobs so crucial to future growth,” he said.
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education facilities
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colleges are developing and offering courses tailored to new industries.”
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“Importantly, this contraction has been more than offset by strong growth in a number of industries, primarily the construction and service (finance, healthcare and transport) sectors.
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Manufacturing makes up 14.5 per cent of the Greater Western Sydney economy.
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manufacturing remains the most important employer in Western Sydney, making up 15.6 per cent of total employment.
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Healthcare and social assistance accounted for 60,174 jobs (12.1 per cent of employment in the region), followed by retail trade with 52,523 (10.5 per cent) and wholesale trade 34,879 (7.0 per cent)
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Healthcare and social assistance accounted for 60,174 jobs (12.1 per cent of employment in the region), followed by retail trade with 52,523 (10.5 per cent) and wholesale trade 34,879 (7.0 per cent)
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This relates to the theme of globalization because it shows how more countries are using service related jobs instead of primary and secondary jobs because technology is making those jobs easier for fewer people to complete.
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An article about the United States that relates to growing industries after the recession can be seen by clicking the link below. Although this article is more about the rebounding secondary sector jobs, it parallels the growth in new jobs.
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Why is Australia so behind in making this change if they are higher in the HDI which normally relates to how high a country is developed?
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This article relates to chapter eleven and twelve because it explains the change a developed country, Australia is going through the process of becoming reliant on tertiary sector jobs instead of jobs in the secondary sector. This article explains how quickly healthcare is growing while other companies in manufacturing have to adjust to not having as much of the population to hire.
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