Half Yearly Revision Flashcards
(50 cards)
What is employment?
Employment is the state of having paid work, where a person provides services or labor in exchange for wages or a salary.
What is full-time employment?
Full-time employment typically involves working around 38 hours per week on a regular, ongoing basis.
What is part-time employment?
Part-time employment involves working fewer hours than full-time, but on a regular basis with similar entitlements.
What is casual employment?
Casual employment offers flexible hours without guaranteed ongoing work and limited entitlements like paid leave.
What is contract employment?
Contract employment involves working for a specific period or project under a legal agreement, often with set pay and terms.
What is youth unemployment?
Youth unemployment refers to individuals aged 15–24 who are actively seeking work but are unable to find it.
What are current trends in youth unemployment?
Youth unemployment rates are generally higher than overall rates, and may spike due to economic downturns or lack of experience.
How does youth unemployment compare to overall unemployment?
Youth unemployment is typically higher due to less experience, fewer skills, and education gaps.
How can employment affect an individual?
It provides income, self-esteem, purpose, and social connections.
How can unemployment affect an individual?
It can lead to financial stress, low self-esteem, and mental health issues.
How can employment benefit a community?
It boosts economic activity, reduces crime, and supports local development.
How can unemployment harm a community?
It can increase poverty, reduce spending, and lead to social issues.
Name three important workforce skills.
Communication, teamwork, and problem-solving.
What are some barriers to youth employment?
Lack of experience, education, transport, and limited job availability.
How can youth unemployment be reduced?
Through education, training programs, internships, and job placement support.
What is a university pathway?
Tertiary education that provides degrees and qualifications for professional careers.
What is TAFE?
Technical and Further Education offering vocational training for various trades and careers.
What are private colleges?
Independent institutions offering specialized or vocational training, often with smaller class sizes.
What are apprenticeships and traineeships?
Paid work-based training programs that combine employment with learning.
What are entry-level jobs?
Basic positions requiring minimal experience, often a starting point in a career.
What is a tax file number (TFN)?
A unique number issued by the ATO to track your tax and superannuation.
What is the tax-free threshold?
The income level (currently $18,200) under which you don’t pay tax.
What is Medicare?
Australia’s public health system that provides free or subsidized health services.
What services does Medicare cover?
Doctor visits, hospital care, and some medications under the PBS.