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Increasing employment for people with disability
Deloitte Access Economics was commissioned by the Australian Network on Disability to estimates the increase in economic output that could be achieved by increasing employment outcomes for people with disabilities.
People with disabilities are significantly underrepresented in Australia’s workforce and, despite substantial improvements in Australia’s labour market conditions over the past decade, the gap in employment outcomes for people with and without disabilities has widened.
There are substantial costs to individuals and to society associated with these poor employment outcomes for people with disabilities. This report estimates the increase in economic output that could be achieved by increasing employment outcomes for people with disabilities.
The economic modelling presented in this report suggests that closing the gap between labour market participation rates and unemployment rates for people with and without disabilities by one-third would result in a cumulative $43 billion increase in Australia’s GDP over the next decade in real dollar terms. The modelling also suggests that GDP will be around 0.85% higher over the longer term, which is equivalent to an increase in GDP in 2011 of $12 billion. These estimates only account for the direct impact on GDP, and do not include indirect effects from improved government fiscal balances and increased employment opportunities for carers.