The number of people in Australia who want to get into the startup sector has doubled in the past two years to 6.6 million, and more people are working in the sector than ever before.
But many don’t want to work in the industry because they think it’s too difficult and they fear it will make them unhappy.
While the Australian Bureau of Statistics says there were 826,000 Australians working in businesses in January, more than one in 10 of those were people who said they didn’t think they would succeed in the job market.
So why did so many people choose not to work at the start-up stage?
For the first time in two decades, there is an increase in the number of Australians who are aged 15 to 24 working in companies.
“This is really exciting because we’ve seen the start up growth, but what we’ve also seen is a very large drop in the percentage of Australians aged 15-24 working in an industry,” said Julia Taylor, research director at The Future of the Economy, a think tank.
She said there were also signs that Australians were starting to understand the need to get back into the workplace.
While the proportion of Australians working full time in businesses is still below the peak it reached in the early 1990s, it is on the rise again.
There were 4.4 million people aged 15 and over working in workplaces in January 2017, up from 3.6 in January 2018.
That’s an increase of more than 20 per cent in just two years.
The number of adults working full-time in workplaces was also up from 2.8 million in January to 3.5 million in 2018.
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