The reports of the research concluded that while the official rate of unemployment of Australia is 5.7 per cent, if individuals desired more working hours, there will be chances that the figure may rise at a high level and fast pace. Therefore, by this case it can be clearly concluded that individuals of Australia possessing full time jobs are willing to work for longer unpaid hours; whereas the part time workers and unemployed population still struggling hard for jobs (Lucas 2013). The possible impact of this kind of unemployment and the reason behind it will only result in raising the bars of unemployment rate at a very fast pace.
Main Issues and Causes
Having a balance in the work life that contributes in assisting individuals for management of their private and working lives is the main element for the prosperity of Australia (Shawn 2009). However, as discussed in the case above several issues and causes have been identified. These are as follows:
Shortages of Labour: As per several researches and data available, the profile of the Australian labour market shows a large number of population being unemployed, underemployed or not within the labour force are willing to work.
Shortage of Employable and Appropriate Skills: It was stated in a report that a number of the population lying within the bracket of unemployed and underemployed lack basic skills of employment and an opportunity for working and studying could help in addressing this.
Increase in the pressure on Health System of Australians: Almost quarter of the entire spending of government is presently being invested in aged care, payment of pensions and health care (Seymour 2010). Initiation of projects by giving time on educating Australians regarding the preventative measures of health will help in reducing the strain and stress people take.
Pressures of Time resulting in additional stress on the entire workforce: Almost half of the employed population has been working for more hours than they are given payment for. On an average basis, it has been seen that a normal employee works almost 50 minutes a day that comes under unpaid overtime (Shawn 2009). For employees and workers who work for full time, the approximate time of unpaid working is one hour.