Categories: All - benefits - wages - qualifications - conditions

by Saad Mehboob 16 years ago

242

Labout market(made by Saad Mehboob)

Various factors influence the labor market, ranging from wage determination to the supply and demand for labor. Wages can vary significantly based on the nature of the job, required qualifications, and specific working conditions, such as unsociable hours or job security.

Labout market(made by Saad Mehboob)

Labout market

Productivity

Emplyers and Emplyess associations

The TUs
Types

Subtopic

Govt policy and Labour markets

why do people earn different amounts

Immobility
Lack of information
Satisfation
Dirty Jobs and Unsocialable hours
Abilities and Qualifications

determination of the wage for a Job

supply of labour

Why Supply has increased
Soial attitudes towards Women
Baby boom of 60
wages grown faster then prices
choice of occupation
Non wage factors

Location

Size of the Firms

Career Prospects

Job Security

Fringe benefits

Pensions

Holidays

Working hours

Working conditions

Type of work

Job Satisfaction

wage factors

Comissions

Bonuses

overtime pay

wages

By Employess
The Unemployed
Armed forces
Self Employed
Employed

Demand for Labour

Chamges in Demand
Qantity demanded and the wage rate
MRP=Demand curve for labour
Derived demand