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occupation is the most important factor influencing income

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as experience is gained, incomes tend to rise. the middle aged make the most money

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on average women make 22.8% less than men

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The role of luck cannot play a large role in global individual income

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Findings from the University of Chicago study highlight this discrepancy: the mean annual earnings for people experiencing sheltered homelessness aged 18 – 64 was $8,169 in 2015 (pre-tax income, which excludes benefits). Mean earnings for unsheltered people were even lower at $6,934 in 2015 and have generally stayed lower than their sheltered counterpart during the ten-year frame of study. 

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Findings from the University of Chicago study highlight this discrepancy: the mean annual earnings for people experiencing sheltered homelessness aged 18 – 64 was $8,169 in 2015 (pre-tax income, which excludes benefits). Mean earnings for unsheltered people were even lower at $6,934 in 2015 and have generally stayed lower than their sheltered counterpart during the ten-year frame of study. 

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Occupation is the largest contributing factor of income as it is directly tied to how much you make.

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Lawyer Salary-$85,000 to $105,000
Waiter Salary-$47,000 to $52,000

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The average youth salary in Australia is $1600.5 per week and the average elder salary is $1373.4 per week.

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Homelessness majorly impacts the average income. Those who are homeless are far less likely to be employed, which therefore constitutes to a lower income.

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Occupation might influence wages in various ways. Firstly, wage differences compensate for the non-pecuniary characteristics of different jobs. Secondly, occupational wage differences can stem from barriers to movement and from institutional factors which hinder the market equalisation of wages.

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the Powerball is heavily influenced by luck the chances of winning division one in Powerball is 1 in 134,490,400

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Overall Men earn more than women purely because of gender therefore it does affect income

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Yes

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When young people work, they more often work part-time, with approximately 93 per cent of employees paid junior rates working part-time compared to almost 40 per cent of employees paid adult rates.

Stated by The Mckell Institute

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The numbers of males and females experiencing homelessness were approximately equal. In 2010, adults who had been homeless in the last 10 years were more likely to report being unemployed (9%) than those who had never been homeless (3%). They were also more likely to be NILF (41% compared with 31%).

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Age can be a factor in career advancement. Older employees might have an advantage in terms of promotions, leadership roles, and increased responsibility due to their accumulated experience.

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Older people often get payed more as young people are less experienced then older people, therefore getting paid more then young people.

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For every $1 on average a man makes, women earn 77.2c. Over the course of a year, that difference adds up to $25,596.

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For every $1 on average a man makes, women earn 77.2c. Over the course of a year, that difference adds up to $25,596.