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Transitional Labour Markets: A Social Investment and Risk Mitigation Strategy for Social Policy.

Australian Bulletin of Labour 2006, June, 32, 2

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The project on which this edition is based evolved through two ARC Linkage Grant projects, New Social Settlement and Transitional Labour Markets, involving Chief Investigators from the University of Melbourne and Deakin University with industry partners CEDA (Committee for Economic Development), the Brotherhood of St Laurence and NEIR (National Institute of Economic and Industry Research). Drawing on transitional labour market (TLM) theory, this introductory chapter highlights major themes, overviews the contributions to this volume and suggests a future agenda for policy makers. The focus of these applied research projects has been the impact of post-modern social transformations on systems of social protection, looking through the lens of the labour market and shifts in household and family structure. Through the central concepts of life course, risk and transitions, the project articulated the breakdown of the settings of the old post Federation and World War Two social settlements that are seen to have had their greatest applicability during the post 1950s growth era. These settings afforded some protections via full employment, centralised wage fixing and arbitration, industry tariff protection and work-based benefits based on the male breadwinner model (Beilharz et al., 1992; Castles, 1985). With the globalised market economy driving change, structural shifts in industry and labour markets, privatisation and deregulation of financial markets, have resulted in increased risk and precariousness. Where once it was more common for lifecourse transition risks (school to work, family formation, work progression, the transition to retirement) to be linear and predictable, transitions in the late 20th Century and into the millennium involve risk that is episodic, unpredictable and frequently multiple. What Ulrich Beck has termed the risk society epitomises the exposure to risk throughout the lifecourse, the emergence of new risks such as divorce and redundancy added to old ones, and the 'individualisation' of risk and precariousness as the state retreats and business withdraws from social provision/ protection models--all pointing to the need to rethink social protection.

Transitional Labour Markets: A Social Investment and Risk Mitigation Strategy for Social Policy.
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  • Available on iPhone, iPad, iPod touch, and Mac.
  • Category: Business & Personal Finance
  • Published: Jun 01, 2006
  • Publisher: National Institute of Labour Studies Inc.
  • Seller: The Gale Group, Inc.
  • Print Length: 18 Pages
  • Language: English
  • Requirements: To view this book, you must have an iOS device with iBooks 1.3.1 or later and iOS 4.3.3 or later, or a Mac with iBooks 1.0 or later and OS X 10.9 or later.

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