Report

Why did young people’s incomes decline?

Publisher
Wages Youth Economic indicators Graduate outcomes Income Australia
Description

This research paper analyses trends in young people’s incomes from 2001 to 2018 and drivers behind the decline in their incomes after 2008.

Wage income drove most of this decline. Declines in hours worked and in wage rates both contributed to the decline in young people’s wage income. Similarly, income from government transfers declined and so did income from business and investments. These declines were partly offset by increased support from parents.

 

Publication Details
ISBN:

978-1-74037-706-5

License type:
CC BY