Gone are the days of local business monopolies where shops, for example, had a higher profit margin so they could keep employees in secure employment for decades. In the past shopping centers didn't exist and a firm had a local licence. Only one type of business could operate in a regional center. If a shop had the fish licence and decided to sell only fish, no fish and chips, you as a customers had to go without a quick hot meal.
The proportion of casual workers is increasing every year. Just how these employees manage to build up capital for retirement is anyone's guess. Holiday pay is said to be built into casual rates, but this is a myth. Such workers hardly ever take a day off because they will not get any pay.
People worry more over job security than anything else. Despite all the troubles in the world, Macquarie University found employees experience more anxiety over losing their jobs than any other issue. This affects men more than women. Seventy per cent of men worry compared to 60 per cent of women. Young people suffered most: eighty per cent were concerned.
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