Posted November 11, 2018 04:33:08 The next generation is working in technology in Australia, but it’s not just the technology sector that’s changing, according to a new study by the Australian Institute of Technology (AIT).
Key points:The research found that while technology companies were experiencing a “trendy” economic recovery, a growing number of employees are being let goThe findings come from a study of the Australian labour market from the OECD which examined how many Australians are employed in tech companiesThe study found that the median age of workers in tech jobs is 35 and they are mostly younger than 20The study also found that between 2007 and 2015, the Australian economy grew by more than 14 per cent, while the median salary in tech industry was $55,000.
“The current growth in Australia’s technology sector is largely driven by new entrants, and the trend is accelerating, but there are also increasing numbers of people who have been laid off or who have left their jobs due to technological shifts,” the study’s author, Dr Lisa Belsky, from the University of Western Sydney, said.
“We’re seeing an explosion of new technologies and we need people to come into the field, whether it’s a job in IT, an engineering role or software development.”
Technology is one of the most exciting and exciting jobs in the world, but when it comes to young people, they are falling behind.
“The study examined the Australian workforce and found that since 2007, the average age of the workforce in technology companies has grown from 33 to 35.
The number of IT employees in Australia rose from 4,700 to 5,000 between 2007 to 2015.
But the report also found a growing proportion of those workers were younger than 25, with the median aged of those employed in IT was just 30.
And the majority of IT workers were white, which is unusual, Dr Belsk said.
But while many young people in Australia were looking for work in tech, there were also fewer young people working in IT companies.
The study revealed that between 2011 and 2015 there were an average of 4,100 IT workers aged between 20 and 29 in Australia.
But over the same period, the number of young people employed in the technology industry in Australia has increased from 1,500 to 3,100.”
Young people who are entering the tech industry in the last 10 years are now the fastest growing age group in the tech sector, and that’s just in the past five years,” Dr Blesky said.
The trend is happening across the countryThe study showed that between 2010 and 2015 the number and age of IT companies in Australia increased from 3,400 to 5.2,000, while their median age rose from 32 to 33.
It also found the median income for a tech worker aged between 25 and 29 was $50,000 in 2015, while that for an IT worker aged 20-24 was $51,000 and that for someone 25-29 was $52,000.(ABC News: Matt D’Orsi)The number and average age for people employed at technology companies in the capital cities was also increasing, while those employed on remote island areas saw the highest increases.
The median income at tech companies was $43,000 for an employee aged between 18 and 29, while an IT employee was $47,000 (the highest income at a tech company was $56,000).”
These are people who could be starting a new career, or who are working at an organisation for the first time, and they’re in a different place than people working at companies in Sydney,” Dr Marnie Goulson, co-author of the study, said.”
The fact that technology is in a strong position to grow in the future is really great news for young Australians and for Australian businesses.
“Dr Belski said the Australian Government’s new Workforce Innovation Framework is a big part of the reason why this growth was happening.”
It’s a good thing, because this is a sector where there are a lot of young, ambitious people coming into the sector,” she said.
Topics:technology,economics-and-finance,job-creation,jobs,human-interest,work,australia,nswFirst posted November 09, 2018 08:48:46More stories from New South Wales