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Social Construction Of The Labor Market
Introduction Though societal norms exist, we must understand that there are negative results and learn to challenge these norms (gender norms). That
is why unions are being created, to fix these problems of inequality people face in the labour market. It may never be the intention of the labour force
to propagate gender inequality, or perhaps not out rightly so. Unfortunately, the social construction of society has created norms that individuals
unconsciously follow and pass on from one generation to another. With these norms intact, inequality exists in the labour market; it exists in payroll,
the wage gap is the outcome; women are employed only in gender–specific job positions and even though they are lucky enough to get the
male–dominated jobs, they get treated differently – harassed or discriminated and sexism exist. It is due to past inequalities that women have faced
that may be the cause of unfair treatment in the labour market compare to men. This topic is important because it expands our knowledge and makes
us understand the inequalities we face or do consciously or unconsciously in the labour force due to gender relations. "The Canada Year Book 2001
reported that 1998 women spent 15.2 hours on unpaid housework (not counting childcare) per week compared with 8.3 hours for men. Mothers ages
25–44 who were working full–time also spent nearly 35 hours a week at unpaid work" (wgst1f90) these are the statistics from the article that was
gotten from the Canada year
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Labor Market in Singapore
Introduction
Since Singapore gained its independence in 1965, its economy had progressed due to globalization, rapid technological advances and the rise of China
and India. With these different stages of development, Singapore's labor market had adapted itself by transforming from a labor abundant and capital
limited city into a labor deficient and capital rich country (Chia 2005). Singapore is now a popular export–manufacturing base, regional headquarter for
foreign multinational company and a financial centre (Chia 2005). The industrial structure has also progressed from a labor intensive export
manufacturing to a capital and technology intensive manufacturing, which hence provided capabilities to compete globally not only for its ... Show
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With the demand for more educated workers, it in turn encouraged the returns to higher levels of education, resulting an increase in the return to
university education in 2004 as compared to 2001 (Yeo et al. 2007). Therefore the labor structure in Singapore had evolved into one having a more
skilled and multi–lingual workforce as compared to the past.
Aging Population
Singapore has one of the fastest aging populations due to the lack of babies, this consequently led to the slow down in the growth of Singapore's
labor force. Recent research had also found that Singaporean life expectancy had increase from 61 years old in 1957 to today average life
expectancy of 80 years old. In order to ensure that these senior citizens have enough savings for their old age, the government in Singapore had
encouraged them to stay employed and work longer (Sprinter 2007). To achieve this, the government planed to legislate re–employment for older
workers to work beyond 62 to 67 (Sprinter 2007). With the support from WDA in helping companies to redesign jobs and give training for older
workers, actions by Tripartite Committee in recommending Employability of Older Workers and nevertheless the upcoming legislation and incentives
provided by the government, we will be expecting to see more older workers in the workforce as compare to the past. The result of these efforts had
been publicized by NTUC (2007), which shows that the
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The World Labor Market
The stabilization of the labor supply created the world market labor (Lecture, February 25, 2014). For example, this resulted in millions of people to
come to America and involve themselves in working for our country. However, migrants tend to always get paid little amounts which does not really
help them out the way that they need or hope for but they stick around anyways.
In addition, increased migration primarily helps the government's economic state. For instance, the United States has a large labor market. There are
numerous tasks that need to be competed on a daily basis. By hiring migrants they are able to pay them extremely little compared to the profits that are
being made. Which means the government's economy is highly dependent on global workers (Robinson,267). This is why emigrants can be seen as
heroes. And they should be treated with decency because dependent countries such as the US cannot afford to lose them (Robinson,267).
In the article by Alejandro Portes, he explains that capital being global and labor being local is nothing new. That the modern world system has grown
because of the abroad labor system occurring. (Portes,152). He also mentions that the process of transnational communities in the world system resulted
in many advantages. However, he says "those advantages are entirely on the side of those able to...thus turning globalization into the final apotheosis of
capital..." (Portes, 152). Overall a global capitalist society secures the economy of
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Disadvantages Of The Labor Market
Introduction:
Labour market is an abstarction and analytical construction which denotes the context within which the buyers and sellers of labour come together to
determine the pricing and allocation of labour services. It also emphasizes the involvement of trade unions, government and other related institutional
bodies as well as the application of the bargaining theory in the issue of labour.
Key words: Washington Consensus, Labour Market,Labour Market Flexibility.
The Washington Consensus is a set of 10 economic policy prescriptions considered to constitute the "standard" reform package promoted for
crisis–wracked developing countries Washington, D.C.–based institutions such as the international Monetary Fund (IMF), World Bank, and the US
Treasury Department. The term was first used in 1989 by English ... Show more content on Helpwriting.net ...
Higher search costs for workers needing to find new jobs. Also firms may have higher replacement costs for hiring more workers. Firms may end up
paying a premium to employment agencies to help fill gaps in their workforce.
Advantages of Flexible Labour Markets
1.Firms will be more efficient and competitive. Flexible labour markets help keep costs down for firms. For example, firms can get rid of surplus
workers. This may help prevent the firm going bankrupt and protect jobs in the long term. Arguably with neo–liberalisation, it is increasingly important
for firms to remain competitive within the global economy.
2.With increased labour productivity there could be an increase in output and exports. There could be a lower rate of natural unemployment and lower
inflation.
3.Many workers will prefer flexible employment patterns because it suits their life style and offers a greater range of choice. For example, flexible
labour markets have played a role in increasing female participation rates.
4.May encourage inward investment. Multinational firms may be attracted to invest in countries with more flexible labour markets, creating jobs in the
first
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Disparities In The Disturbing Labor Market
From 1950 to 2018, there are very little changes in the disturbing labor–market, in fact, today trends have stopped flowing and the wage gap between
races may be the most disheartening. Moreover, the gap economics and wages have become even more disparity. Right after World War II, many
Americans were encouraged by the steady and significant economic progress, including for Blacks. In 1950, many big factories just start up and need
workers So, many African–American were offered the steady wages with higher than the pay earned by there parents. But, still, under Jim Crow,
African Americans were relegated to the status of second–class citizens. African Americans were not allowed to run machinery or promote it. So, even
though they were offered
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Essay on The Swedish Model of Labor Market
The Swedish model of labor market is distinctive. There are several elements that build up a successful Swedish model. De–commodification of labor
has been put into practice in order to balance power between capital and labor. There is a large degree of organization, The Swedish Trade Union
Confederation (LO) and The Swedish Employers' Confederation (SAF) which made possible for self–regulation. Working class is very strong which
results in low level of labor market conflict. Centralized bargaining is also a key aspect that wage or work condition is an outcome of negotiation
between two peak organizations. Moreover, Rhen– Meidner model was implemented in 1950s. The model intends to reach full employment in line with
economic stability.... Show more content on Helpwriting.net ...
The government was able to runs budget balance and unemployment rate was decreased dramatically. A significant change in this period was an
implication of workfare policy. The policy affects supply side of labor in which it put more pressure for an individual worker to seek for a job. The
process of acquiring social insurance benefit becomes more difficult. Workfare policy forces workers to work until they have no working capability at
all. Unemployment insurance has been changed into a negative trend in a view of workers. In 2007 it became even stricter when the right–wings party
was in power. Rules of qualification in order to obtain benefit are costly. It requires membership fee which has been increasing significantly. Thus,
the fee system excludes workers who could not afford or think that it is not worth paying for. Minimum working period is included in the rule
making more burdens to benefit claimer. Compensation level has been reduced from 90 percent of initial income to 80 percent. The rule turned to be
even more complicated in 2007 that the compensation is 80 percent of initial income for the first 200 days and reduce to 70 percent for the rest day
until 300 days. This significant change has a great impact on individual's incentive. Most of people have left insurance and turn to private insurance
like Trade Union. Moreover, people must concern more whether it is risky or not to change a certain job. This is because the government
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The Changing Patterns Of Education And Youth Labor Market
There are countless reasons that help to explain the growing number of people delaying marriage. Between 1976 and 2011the median age of first
marriage increased by six years for men and seven years for women, according to the Australian Bureau of Statistics. "There is little doubt that the
experiences of young people making the transition into adulthood are quite different now than they were 20 years ago. Many of these changes are
direct results of labor–market restructuring, workplace reorganizations, and changing educational demand" (Lehmann 2004, 380). The changing
patterns of education and youth labor market also accounts for this increase. Changes to the economy and the skills necessary to enter the labor force
have changed not only the patterns of education but also the trajectories of young adults during and after education. This transition is increasingly
difficult to navigate and denotes the greater evolution of society. Dwyer and Wyn (2001) suggest that, "As young people responded to these changing
social conditions, new patterns of 'transition' and new relationships between education and the labour market for young people emerged (Stokes and
Wyn 2007, 496). Over the last three decades, extensive technological advances have called for an increasingly educated population. The manufacturing
industry that sprung from industrial era introduced new systems in commerce, manufacturing, and other industries, which placed great importance on
efficiency, consumption and
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Labor Market For Accountancy Accounting Essay
Labor Market for Accountancy Accounting, often called "the language of business", is an industry that provides valuable services not only for
businesses, but also for individuals. Accountants and auditors look over and analyze financial statements, prepare assessments, and ensure the numbers
they work with are accurate and in accordance with governmental regulations. Although not the most exciting profession, current demand for
accountants is high. According to Forbes, 61.2 percent of recent college graduates with degrees in accounting receive a job offer shortly after
graduating ("Accountants and Auditors").
There are several different types of accountants who specialize in different subfields of accounting but the most recognizable careers in accounting are
financial management, economics, budget analysis, and private and governmental accounting or auditing. The industries that employed the most
accountants in 2014 were tax preparation, bookkeeping, and payroll services, which accounted for 26 percent of overall employment, the government
and finance/insurance sector which both separately employed 8 percent, company and enterprise management, which employed 7 percent, and
manufacturing, which employed 6 percent ("Accountants and Auditors").
The current market for accountants is growing. In 2014, accountants held approximately 1.3 million jobs focused in the subfields of tax preparation,
government accounting, finance and insurance, company management, and manufacturing
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The Labor Market
Introduction The landscape of the labor market is a critical factor in the economic comparison of different countries. Countries with a friendly job
market are economically stronger because such an economy is able to achieve high living standards for its citizens. This paper therefore
endeavors to explore some of the trends in the labor market in the US, EU, Japan and China Unemployment Rates As per August 2016 the
unemployment rate was reported to be at 4.9% percent by the Bureau of Labor Statistics and this is the first time the unemployment rate fell below
5% since 2008. However, despite the fall in unemployment rates it is worth considering that only a few of the adults are working. Only 62.7% of
the adult Americans are working and this has been so since the late 1970s.n On the other hand, the unemployment rate in the EU was rated at 10.2%
in April which is the lowest rate since 2011. In the EU, Greece is by far the country with the highest unemployment rate of 23.3% particularly due to
its economic meltdown. On the other hand Malta and Germany have recorded the lowest unemployment rates in 2016 of about 4%. In Asia, the
unemployment rate in China by June 2016 was rated to be 4.05%. In the first half of 2016, 7.17 million jobs were created in the majority of the
Chinese urban cities therefore accounting for 71.7% of China's yearly target of 10 million jobs. In Japan, the jobless rate rose to 3.1 % in August 2016
from 3.0% in July. The unemployment rate in Japan
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Effects Of Beauty On The Labor Market Essay
It has become increasing clear that beauty may play a role when it comes to social interactions involved in economic or political opportunities. Now,
one may ask how beauty could possibly play a noticeable impact on situations concerning economic or political opportunities. Yet, it does. A laboratory
experiment was conducted to fully study the impact of "beauty premium", the positive association and relationship between attractiveness and wages,
on economic success in the labor market. The experiment was conducted by Tatyana Deryugina, a professor of finance and her companions. Although
illegal, labor market discrimination has occurred based on physical appearances and Tatyana wanted to test this notion. Deriving from this experiment,
they were able to conclude that the beauty premium does indeed exist although only in certain circumstances. Only in tasks such as bargaining does
beauty premium significantly show a positive correlation. In other tasks such as analysis or data entry, the notion of beauty premium does not exist.
They state, "we find that the beauty premium in bargaining completely vanishes in the second round of bidding when the task is repeated, which
suggests that employers learn quickly that performance is uncorrelated with attractiveness" (Deryugina 2015). The point is that physical beauty is what
deceives the mind into thinking that the more attractive one is, the more competent they may be in performing and executing skills such as bargaining.
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The Creative Industry Labor Market
"DESIGNER WANTED! We are looking for a designer with a great quantity of energy to add to our team [...]. The required skills are: Photoshop,
Illustrator, InDesign, Social Media Campaigns, Communication Campaigns, Interfaces Development (Web Apps), Typography, Motion (After Effects),
Vector Illustration, Digital Painting [...] ". The quotation above is an excerpt from a vacancy notice aimed for designers to work in a company which
provides internet services. Reading the several skills the employer requires from the designer, the following questions arise: Does the creative industry
labor market belong to multidisciplinary designers? Is being multidisciplinary is something mandatory to a designer? Must the multiple skills be taken
into... Show more content on Helpwriting.net ...
Indeed, the working scenario where design centers on is quite complex and unpredictable. Inserting knowledge in a context of totality, such as the
environment in which humans interact, allows the complexity of this environment to be seen in a globalized and interdependent way, retrieving the
sense of unity that has been lost by the values of specialness; complex because, as stated by Couto et al. (2004) design focuses at the human and the
environment in which it interacts, requiring an accurate vision of the designer to understand the complexity of human and environment interaction;
unpredictable, because, according to Wyatt (2014), unlike other professions who walk in a more usual speed, in the creative industry, changes occur at
the speed of light, as technology and fads run by leaps and bounds. As it is stated in Designing for the 21st century: Interdisciplinary questions and
insights: Change is ever present, as the challenges of technology, environment and society demand our continuous attention and we struggle with issues
of complexity, we see that the science, social science and humanities need a means of working together. Design research provides the orchestration, the
systematization and visualization to bring together the disciplines to build bridges to the future. Such research will provide the evidence and insights
upon which professional designers, industry and society can create
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Labor Market Flexibility
Labor Market Flexibility is, in theory, the prerogative of employers to hire and subsequently fire workers without oversight, or the regard for
regulation and/or influence of work unions (Marmot & Wilkinson, 2006). The thought process behind this idea is that firms are more likely to increase
their workforce, and that a greater portion of society can be employed. Through my experience in watching the financial industry– and
business–oriented Bloomberg News channel on Television, the model of having less regulatory oversight and influences from outside sources brings
down the operating costs of companies and corporations, thereby allowing for greater investments by said firms, presumably, to hire more people. As
indicated by (Marmot & Wilkinson, 2006), individuals with higher levels of job insecurity are thought to be more enticed to work harder than others,
so this labor market model would be followed by an uptick in population–wide productivity levels. This would thereby lead to an increase... Show more
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It is not healthy, and it should change. While regulations are costly for businesses to comply with, they are needed to make sure that no industry gets
in worse in its quality for workers and that no one can be let go without just cause. Furthermore, this should be in addition to proper notifications of
any mistakes made and how to keep them from happening again, without fear of unemployment for it just occurring once. References: Marmot,
Michael, and Richard G. Wilkinson. Social determinants of health. 2nd ed. Oxford: Oxford U Press, 2006. Print. Patton, L. (2017, January 11). The
Job Market Is Heating Up for Fast–Food Workers. Bloomberg News. Retrieved February 18, 2017, from
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A Comprehensive Picture Of The Labor Market
1) Employment Situation Most narratives of U.S. economy usually begin with the employment report. This report pastes a comprehensive picture of
the labor market, and perhaps in a broader sense provides a glimpse of the overall condition of the economy. Selected Indicator(s): Non–Farm Payrolls
Change Importance Household income is largely depended upon wages and salaries. If the household (workforce) earns more, it will spend more and
businesses will produce more, thus increasing economic output. Conversely, if fewer people are working, we will have lower spending and economic
activity will be reduced. It is this fundamental flow effect, which makes the employment report generate expectations about business sales and profits.
Household (consumer) spending accounts for 2/3 of the U.S GDP, thus the employment report has the power to move both equity and bond markets
and impact the U.S dollar. The Fed minutes from Dismal also reveal that the Fed takes due notice of the Employment situation. The Non–farm payroll
change number tells us how many jobs were added in since the last survey (monthly survey). Current Trend As the U.S. economy started to emerge
out the 2008 recession payroll gains were witnessed in the later half of 2010 and overall a positive trend in payroll change i.e. payroll gains have
remained intact ever since. Although, the recent number of payroll gains of 38,000 is the weakest monthly gain in the last 5 years, but nonetheless the
number is positive.
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Essay on Education: A Path to Gender Equality in Labor...
Human capital is a fundamental labor force. Thus, encouraging greater female participation or reinforcing gender equality in labor markets worldwide
will lead to gains in productivity. However, what can be done to create gender equality? A study emphasized the equality of education. When education
access to women is equal to men, occupation opportunities and earnings of men and women with similar education and experience are equal. A
research in Pakistan and other studies are introduced. Their findings suggest that education plays a vital part in gender equality in labor force. In another
word, education can be a path to gender equality in labor markets.
For education to be a path to gender equality, it must benefit woman equally to man. ... Show more content on Helpwriting.net ...
Tembon and Fort also agree with this ideal. They basically state that education can profit individuals in the labor market by assisting their admission
into higher earning occupations and by increasing their earnings within an occupation. So it can promote gender equality in labor market when
education access to woman is equal to man (Tembon, et all. Ed 68).
For education to promote gender equality, it must profit women equally to man, given the history of discrimination against women and girls in
schooling. In order to gain insights into the relationships between education and labor market outcomes for women, one case of Pakistan is examined.
Pakistan has long been known for its gender gaps in education. Girls are behind in education access, in the quality of schooling available and in the
outcomes of education. Far from narrowing over time, the gender gap in primary enrollment rose by 30 percentage points between 1985 and 1995,
even predominate over Afghanistan, where the corresponding gap rose by 18 percentage points over the same period (computed from Conly 2004).
This perseverance of gender inequality in access to schooling damages achievement of the Millennium Development Goals for education in Pakistan.
The main study considers two relationships: the association between education and occupational outcomes and the association between education and
earnings. When examining the
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The Productivity And Flexibility Of The Labor Market
The efficiency and flexibility of the labor market are critical for ensuring that workers are allocated to their most effective. In Dubai hires skilled
foreign workers mostly from South East Asia to fulfill its needs. Labor markets must therefore have the flexibility to shift workers from one economic
activity to another. In today's globalized world, technology is increasingly essential for firms to compete and prosper. The technological readiness
measures the agility with which an economy adopts existing technologies to enhance the productivity of its industries, with specific emphasis on its
capacity to fully leverage information and communication technologies. The size of the market affects productivity since large markets allow firms to
exploit economies of scale. Traditionally, the markets available to firms have been constrained by national borders. In the era ofglobalization,
international markets have become a substitute for domestic markets, especially for small countries. There is no doubt that sophisticated business
practices are conducive to higher efficiency in the production of goods and services. Business sophistication concerns two elements that are intricately
linked. Innovation can emerge from new technological and non–technological knowledge. Non–technological innovations are closely related to the
know–how, skills, and working conditions that are embedded in organizations. Although all the above said characteristics of competitive advantage
sound
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The Relationship Between Economic Globalization And Labor...
The relationship between economic globalization and labor market power provides empirical trends in world average and the world equality through
structural bargaining power and associated power, thereby allowing workers to achieve convergence across nations (Mahutga). What labor market
power does for economic globalization is that it increases the probability of labor internationalism through two models, namely, the structural model
and the institutional model. Beverly Sliver, Tamara Kay, Nita Rudra, and Matthew Mahutga provide different theories and data, breaking down the
trends of labor power and labor movement on a global scale.
The labor movement began during the industrial revolution and exists because of worker–employer relationships and working conditions, thus
providing the landscape for labor power (Mahutga). Labor power can be broken down into associational power and structural bargaining power.
Mahutga's Lecture on Globalization and Labor builds on Beverly Sliver 's argument on the Forces of Labor and Tamara Kay 's argument on Labor
Transnationalism and Global Governance about what Labor market power and Labor Transnationalism mean as regards labor on a global scale
(Mahutga, Kay). Is it creating better standards for the working and living conditions of workers? Associational power results in collective workers '
ability to unionize and organize to present one opposing voice. Structural bargaining power results from the workers ' place in the economic system,
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US Labor Market
With the exception of baseball players subject to reserve clause, (Scully 1974, Kahn 2000) ,and university professors, (Ransom,1993) it can be
inferred that in the case of fairly specialized labor markets this model does not accurately describe the US labor market and also does not describe the
low– to medium–skilled sector. Instead one can argue that labor markets in the US are overall competitive. Overall it can be assumed that the most
efficient and prevalent employment arrangements also provide the ability for competitive markets to effectively bargain between employers and
employees as the market forces see fit. Currently the US economy and labor market can be considered open and competitive, for, individuals are
willing and able to... Show more content on Helpwriting.net ...
The ability to monitor the hours worked by employees which was not required prior to the inclusion in overtime pay. Important aspect not yet addressed
is that the regulatory change under consideration by the DOL will likely cause compensating adjustments in employment arrangements that are more
necessary than the adjustments put forth by the DOL. Throughout our analysis, we assume it is relatively cost–free for both employers and regulators
to monitor and document the number of hours that salaried employees work each week. Although this assumption might hold for some types of
salaried employees, it likely does not hold for many of them and surely does not hold for all of
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Essay on Beauty and the Labor Market
Summary: The article "Beauty and the Labor Market" by Daniel S. Hamermesh and Jeff E. Biddle examines the economics of discrimination in the
labour market based on looks and the relationship that exists between beauty and labour market earnings. Analyzing, results from several studies, data
from various empirical research and surveys; the article identifies the source of earnings differentials related to looks in six distinct and detailed
sections. The first section addresses the question of whether it is possible to use measures of beauty to analyze the role of looks in the labour market.
Since, it would be futile to examine the effect of beauty on employment if there is no mutual agreement on what defines beauty. Using data from...
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Through analyzing data provided by three diverse broad surveys, each offering a variety of measures of earning, the article advocates that the finding
of pay premia and penalties for looks is strong and accurate. These findings become even stronger when the authors synthesize the results from the
three surveys. A major contribution of this article is that it paves the way for future experiments and empirical studies. The conclusion presented on
premia and penalties associated with looks in the article reflect the effect of beauty in all its characteristics, not just one of its many components, such
as height, weight, or facial appearance. Future experiment and empirical studies can be built on the layout or techniques presented by this article and
can be focused on examining the source of wage differentials and possible discrimination due to a specific characteristic of beauty or various other
dimensions such as physical and mental disabilities. Same experiment can also be conducted on data from economies outside of North America to
check whether the same premia and penalties of looks exist in other economies. Critique: The article proposes that there is a positive relationship
between beauty and labour market earnings and the impact of beauty is higher for men than women. However, the article fails to answer an important
question: is the impact of beauty due to pure discrimination or
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Effects of Globalization on Labor Markets
The Globalization of Labor Markets
Abstract
The following pages focus on analyzing the effects of globalization on labor markets, which is an important international business topic. The
Introduction presents the points of view used in addressing this issue. The Labor Markets section presents some of the most important characteristics of
labor markets that must be presented in order to understand how they are affected by globalization. The Key Priorities of Labor Markets section
presents some of the most important priorities of governments determined by globalization. The Globalization of Labor Markets and The Effects of
Globalization of Labor Markets section provides an analysis of this issue, its effects and its importance. The Conclusions section provides some of the
most important issues addressed by this paper.
Introduction
The process of globalization is a process determined by different countries' need to develop international relationships. These international relationships
are intended to provide countries with what they need, while providing what other countries need. Some countries require workforce and have the
financial resources it requires, while other countries have this workforce that they can export and need to increase their financial resources.
The numerous trade agreements developed between different groups of countries reveal the success of developing such relationships. Countries these
trade agreements have reported increased imports and
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A Field Experiment On Labor Market Discrimination
In "Are Emily and Greg More Employable Than Lakisha and Jamal? A Field Experiment on Labor Market Discrimination" authors Marianne Bertrand
and Sendhil Mullainathan ask the question of whether having an African American,as compared to White,name decreases one's chances of receiving a
callback when answering a job ad.In order to investigate this query, Bertrand and Mullainathan sent out 5,000 faux resumes to 1,300 job listings in
Boston and Chicago. Resumes from actual job seekers,with personal information removed,were obtained from job search websites and divided into
high and low quality groups. Furthermore, embellishment of high caliber resumes further reinforced the quality gap. Each job listing received four
resumes; two high quality and
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Labor Market Policy Analysis
A.The labor market is always important to the economy of a nation. In the U.S, the employment recovery started in February 2010, and it have
created more than 18 million jobs for American workers. But as Donald Trump won the election and be a new U.S president, he has not made any
policy to further this economic progress. President Trump with his new tax plan focused on making massive profits for big and super big companies,
then, instead of using the profits investing in job and wage growth, they use that to buy back their own shares, in other words, only the rich be richer.
Another policy is proposed is the one that would deregulate 25 of the largest 38 banks, according to the article, "if this bill is passed, it would greatly
undermine... Show more content on Helpwriting.net ...
The article mostly focuses on how the new policies enacted by President Trump affect the labor market in the U.S. In term of numbers and graphs that
the article provided, the authors show how the labor market has been recovered clearly and how it is happening under new policies. With the new tax
plan, the profit growth for big companies is undeniable, but they use that to enrich the shareholders. The authors provides 5 different graphs to
strengthen the arguments. With each graph, the authors provide facts with number to support along with it. The authors success on delivery their view
on the labor market now and upcoming. The tax cuts for small business does not necessary cause them to hire more workers, and of course, the same
goes to big business. Also, besides the new policies, the article also provide how the recovery of the employment rate worked and failed to be equal
among all demographics, with the graph that compare between the unemployment rate of African American population and the national unemployment
rate, the difference is still there from 2010 to 2018. Number does not lie, so as the author talk out and protect their arguments with numbers, these
information is trustworthy and their view on the labor market in the future seems more reliable. For me, the article is completed with facts, information
and predictions about later labor
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Saudi Labor Market : Saudi
Saudi Labor Market
Saudi Arabia has been over a rare revolution from a humble nomad life to the current contemporary life it is currently. This transition needed high
exertion, strategies as well as policies in the 20th century to take the Asian nation to its present position. As noted by Roy (2009), the Saudi Arabian
economy is one of the largest in Asia and has been rising at a vigorous pace as well as fruitful in providing employment. Nevertheless, most of the jobs
go to foreign employees, yielding high redundancy among the promptly budding Saudi labor force.
This paper will emphasize on the labor market in Saudi, and it features relating to wage determination, demand, and supply.
Emergence of Saudi Labor Market
In Saudi Arabia, in advance of the invention of oil, labor market was restricted to request and did not show a distinct dissection of classes. Many
Saudis are involved in traditional categories of occupation, and some were self–employed. Most people lived an itinerant life due to the physical
setting of the country. Neither did the country have a strong fundamental administration nor a compound classification of the workforce. Conversely,
with the unearthing of oil in the late 1930s, its economic undertakings experienced a start of modification that would make the petroleum industry the
key of the Saudi financial scheme (Woodward, 1988, pp. 45–51). In Saudi Arabia, there are approximately as many foreigners as citizens working in
the country. Feminine labor is
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Labor Market Demographic Analysis
We have taken data from United States Department of Agriculture for various parameters such as population from US Census Bureau, Unemployment
from Bureau of Labor Statistics. Labor market conditions substantially impact both the individual and community well– being. Higher Degree People
are directly related to labor market outcome, as those who are highly literate are getting handsome money and less likely to be unemployed. We
organized the data to understand the status of Employment, Net migrants, population of United States from year 2013 to 2016. This overall advocate the
share of market with the income and education.
Aim:
We are a market analyst want to create dashboard that will represent the order of state of United States for the four ... Show more content on
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They chose that a few offices ought to be migrated and new offices opened to better serve their business sectors. At the point when the following
occasional survey was done, the consumer loyalty scores had altogether made strides.
Using the census dashboard our organization, would target the states having higher employed population. That help to estimate the product demand
and supply. For example, Top 5 employed states in the dashboard such as TX, CA, NY, FL and IL as in Appendix A. (Kassel, 2016)
Migrants distribution in US: With the top migrant's status, would suggest the more opportunities and resources. So, it's important to have a glance as in
Appendix B, which could give a brief idea about the top states with more number of migrants and how the migrants are distributed in the US, such as
maximum in South US, following East and soon. (Kassel,
... Get more on HelpWriting.net ...
What Is The Labor Force Market In The UK?
The current labor force market in the United Kingdom was last reported to be in good standing. Between April to June of 2017 and July to
September of 2017, the number of people in work fell slightly along with the number of unemployed people. There were 32.06 million people in
work, which is 14,000 fewer than for April to June 2017. The employment rate was 75.0% and the unemployment rate was 4.3%, which is less than
the 4.8% rate announced earlier in the year. The labor force participation rate decreased to 78.4% in August of 2017 from 78.6% in July 2017. The
current UK unemployment rate is the lowest rate reported since 1975. Average weekly earnings for employees in Great Britain increased by 2.2% in
nominal terms, while the average... Show more content on Helpwriting.net ...
The UK and EU need to establish a bilateral agreement that will establish new terms for state pensions which will affect the lives of tens of
millions of people throughout Europe and the UK. Millions of expats living in Europe feared that they would see their pensions frozen, as some
who have moved outside of the UK currently face. Currently, about 550,000 British pensioners (4% of all recipients of the State Pension &
approx. 50% of those living overseas) are affected by the government's frozen pension policy. Each year, UK pensioners in the EU, Barbados,
Bermuda, Israel, Jamaica, Mauritius, and the Philippines receive pension payments that increase each year. The government's frozen pension policy
freezes the pension of a UK citizen at the first level received for the rest of their life abroad, which ultimately decreases pension payment in real
terms. Many people who are currently affected by frozen British pensions often experiencing financial difficulties and tend to have to depend on
other sources of income. The UK may impose a frozen pension policy on state pensions being paid outside the EU depending on the agreements
underway between the UK and EU. The UK was a part of a system that would coordinate the pension payments for those moving within the EU. This
previous system was designed to remove barriers to workers moving between member states. The new
... Get more on HelpWriting.net ...
The Canadian Labor Market Of Canada
There is a very strong emphasis on human rights systems and laws to address discrimination in Canada. Unfortunately simultaneously, Canadians also
have a heritage of racism. It is not targeted only at Aboriginal persons, contrary to a common belief; it is also targeted towards other groups also,
consisting of Chinese, African, South Asian, Japanese, Muslim and Jewish Canadians. Even today the Canadian structures and systems are affected by
this legacy distressing the lives of everyone and especially the racialized people in Canada.
This paper is an attempt to understand ethnicity exhibited in the Canadian labor market. There is a long history of maintaining unfair policies and
biased practices towards Canadians who are racially different on the basis of skin color and other apparent features. Sadly with time unfavorable
policies and differential treatments targeted at racial minorities turn out to be specialized characteristics for these groups. Given this framework,
unfavorable social features ascribed to racial minorities and superficial characteristics become inseparable. It has been proved by research that even to
this day; Canadian society persists to assign disparate social value to people of diverse origins. Several studies have reveal that non–white minorities
are regarded as generally less favorable and less desirable than people of European origin by Canadians, and that the concept of "race" continues to be a
way to make sense of their daily experiences
... Get more on HelpWriting.net ...
The African American Labor Market
from leasing out laborers to desperate white southerners who needed to upkeep their crops and coal mines.
Although some economic historians (DeCanio, Higgs; 1975, 1977) have concluded that laws aimed at repressing blacks were largely ineffective
because of economic competition amongst blacks, Jennifer Roback of the University of Chicago Law Review asserts that the convict lease system
served as a exploitive byproduct of white southerners' desire to proclaim economic dominance over the African American labor market. The motives of
lessees were not solely economically driven – they were racially discriminatory practices with the intent of keeping African–Americans as subservient
citizens. Along the way, white southerners realized that they could use large groups of criminalized African Americans to build infrastructure, such as
railroads, to mine coal and iron, make turpentine, clear land, and of course, grow cotton. Similarly, state governments realized that they could
economically profit while socially benefiting from having African Americans off the streets and back on plantations. Since nearly all convicts were
black, few whites cared about what happened to them. And if the supply of convicts fell below the demand, legislators and sheriffs stood ready to
increase the supply.
In a sense, pig laws, vagrancy laws, and convict leasing served as negative incentives to freed persons who were hesitant to enter into labor contracts
that offered low pay, long hours, and poor
... Get more on HelpWriting.net ...
The Labor Market Of The Labour Market
The labour market is defined as the place where employment and employee interaction take place, otherwise known as 'Job Sector'. In the labour
market, employers and companies whether big or small always compete to hire the best skilled, highly motivated and hard–working of individuals to
compete for the best job available. (Economic, 2015). A labour market in complex terms is defined as an economic function which supplies different
level of demand and supply of labour (Webster, 2015). E.g. labour demand is essentially the firm's demand for labour whether high or low depending
on certain factors influencing the demand whereas supply is often explained via the individual employee's supply of labour via how much input and
output they apply to the job.
My chosen field of work is going to be in the business marketing sector such as Commercial Marketing and will be analysing the labour market within
marketing and distinguish what the influences change in the labour market concerning marketing. Location of the job would preferably in the London
districts mostly central London.
Current labour market trends have to be thoroughly and constantly analysed to get a perspective on how they affect the labour supply and demand on
certain areas such as marketing and other business sectors yearly as market trends are constantly fluctuating. Recent future graduate statistics for the
previous years have given us a clear window of the up rise and downfall of the market trends as comparison
... Get more on HelpWriting.net ...
Berlin Factory In Today's Labor Market
Surprisingly, quite a few of the regulations in this berlin factory in 1844, would be acceptable today. Many of these regulations still stand in
workplaces today. Some of these, however would not be acceptable to employers and employees in today's labor market. Of these, eleven of the
fourteen rules could be considered acceptable in today's labor market. Such as needing permission to leave before the end of the workday, not being
allowed to relieve yourself in places not designated for doing so, not being allowed to smoke in certain areas during work hours, and immediate
dismissal of anyone who comes to work drunk. These are acceptable and reasonable terms that should be easy for the employees to follow, and the
employers to enforce.
... Get more on HelpWriting.net ...
Racial Discrimination Effect on Labor Market
The earliest form of racial discrimination against Asian Americans was encountered during the California Gold Rush. The Gold Rush attracted Chinese
immigrants who came to California to fill the high demand for laborers. However, as more and more Chinese immigrated to California and the
lower–paying labor jobs were filled, the Chinese began filling higher–paying positions typically held by Whites. As a result, an anti–Chinese Movement
was formed followed by the enactment of the Chinese Exclusion Act of 1882 which prevented any additional Chinese immigration into the United States
. Essentially, Chinese were discriminated against by the Whites due to fear of the Chinese taking over their jobs. After World War II, the federal
government ended ... Show more content on Helpwriting.net ...
In most cases, the relationship between education and wages is widely accepted since lower education level equates to lower knowledge and skills,
qualifying workers for only low–paying jobs. Also, the inability to speak fluent English may have hindered Hispanic wages and employment. The
inability to communicate in English affects individuals' performance especially in jobs that require close interaction with English–speaking customers
(16). Latinos working on a full–time basis earned approximately $549 per week in 2011 which represented only 71% of what was earned by Whites.
This wage gap has been steady even during recession periods. However, unlike other ethnic minority groups, the wage disparities between Whites and
Latinos are also clearly attributable to differences in education, work experience, and other demographic characteristics (Charles and Guryan 510).
According to the statistics from researchers, the effect of poor English on wages varies, with some reports indicating 30% of the wage disparity
between Hispanics and Whites is attributable to the language barrier. Hispanics who do not speak English are relegated to positions which require little
to no customer interaction, primarily in the agricultural industry. The challenge of speaking fluent English is common among the Hispanics. As noted
in 1976, only 18% of the Hispanic workers in the United States spoke fluent or even partially–fluent English. In 1979, the overall annual earnings for
... Get more on HelpWriting.net ...
The Day Labor Market in Phoenix, Arizona Essay
The Day Labor Market in Phoenix, Arizona
Introduction
This paper focuses on the Macehualli Day Labor Union located in Phoenix, Arizona in the 85032 area.
Throughout the history of the United States, illegal immigrants have come from all over the world to find work and a better way of life. It is
estimated that right now there are about seven million illegal aliens living in America. About 69% of these illegal immigrants are Mexican and over
283,000 of them live in Arizona1. In this paper, we presuppose that the illegal aliens we refer to are Mexican. This is because the aliens living in the
geographic area around the day labor center we examine are over 99%
Mexican (Reza, 2003, personal interview).
Many Mexicans risk ... Show more content on Helpwriting.net ...
Background of Day Labor
3
These circumstances have lead to the reemergence of a concept that has existed for a long time: day labor. Day labor used to be geared more towards
American citizens looking for temporary jobs, but has now taken a new turn in order to fit the necessities of illegal workers. Day labor is defined as "a
practice of searching for work in open air, informal markets such as street corners or in formal temp agencies" ("Work," 307).
Under this type of labor, the undocumented immigrant is considered an independent contractor or a temporary domestic worker, and therefore
employers are not obliged to ask for work authorization ("Work," 325). Day labor is extremely beneficial to aliens in that it allows immigrants to enter
the work force without being required to have legal immigration status.
There are two types of day labor industries: informal and formal. Informal day labor consists mostly of men gathering on street corners or parking
lots to solicit work. It is considered informal because it is in no way regulated. The men are often picked up by passing cars and hired for the day on
terms worked out between the employer and the laborer. By contrast, the formal day labor industry is connected to for–profit temp agencies. These
agencies place workers in specific manual jobs and take a percentage of the workers'
... Get more on HelpWriting.net ...
How Deflation Impacted The Commodity Market And The Labor...
Introduction Since the global economic crisis happened in 2008, it had a severe impact on the worldwide economy. Many countries experienced a
great recession for a long time period, which made hundreds of thousands of people lost their jobs, large number of firms failed to pay back the
loan and many investment banks went to bankruptcy. Recently, we found that many countries hadn't yet come out from the big shock of the
financial crisis; they started facing a disastrous influence on deflation. Deflation was the reduction in the price of goods and services, which was
an indication to show that the economic conditions were bad at that moment. In this essay, I would focus on discussing how deflation impacted
the commodity market and the labor market and how to use policies to relieve the deflation. Deflation Impact on the Commodity Market Recently,
we found that "the oil price dropped a lot; one year ago, a barrel of Brent crude cost $110 and today it was merely $60, which resulted in 45%
decrease in the oil price through economies. Not only did the oil price cut, the price of goods and services also dropped in the worldwide economy.
When the price of goods and services declined, consumers would like to consume more and purchase more products, because they could pay less to
get the same thing as before. And for firms, cheaper inputs lowered the cost of manufacturing goods, which resulted in the increase in the overall
profit. What's more, we all know that energy use (oil) is
... Get more on HelpWriting.net ...
Gentrification Of Gentrification And Labor Markets
Introduction The study of urban spaces, especially with respect to gentrification, has increased dramatically in significance and relevance in the past
several decades. With the resurgence of city living's popularity, urban revitalization has occurred in neighborhoods across the United States and brought
with it significant economic and social change. Gentrification is known as a process of moving in wealthier residents and thereby increasing property
values. From this, many conclude that it constitutes neighborhood revitalization insofar as it improves the economic value of the area. Therefore, a
major consequence of this 'revitalization' is that it often displaces low–income residents and small businesses (Zukin, 2010). Though much research and
discourse exist to examine the plights of these residents and firms, a frequently overlooked subject is gentrification's ability to displace labor from an
economic standpoint. This review will primarily demonstrate that the limited research on gentrification and labor markets has concluded that a
relationship between the two does seem to exist. In particular, the literature has shown that gentrification may negatively impact the manufacturing
sector of the labor market, which has negative implications for urban economies. The review will also summarize the consensus reached by the
scholars in the field, and it will identify the trends observed in their research. Finally, it will assess the gaps in the literature, and seek to find
... Get more on HelpWriting.net ...
The Labor Market Of China
Introduction The labor market in china has its unique features: cheap labor and huge labor force. These features have attracted many foreign
investments and a consequently, the state owned enterprises started to suffer from competition. All these changes forced China to reform is labor
relation system. This report aims to analyze the strengths and weakness of labor relation system in china, especially in terms of the strengths and issues
in labor market and training. 1Outperformance of labor markets in china 1.1Increasing total employment It is well– known that China has a rapid
economic growth over the past three decade. In order to cope with fast changing economy, the China's labor market has experienced a significant
transition from central–controlled labor market to more market–oriented labor market. This was primarily due to the growing importance of private
enterprises and foreign investments, and the reform of state–owned enterprises (Chan & Peng, 2011). The new market–oriented market has stimulated
the total employment from 170.4 million people been employed in 1990 to 293.5 million people in 2007(NBS, 2007). The growth of employment can
be attributed to the generally improved employment conditions since the new labor laws introduced more stringent health and safety standards, as well
as minimum wages (Allard & Garot, 2010). 1.2Shift in employment Since the China's economic reform period, the labor migration became prevalent
increasingly. The labor migration
... Get more on HelpWriting.net ...
Labor Market Dualization
I will begin by highlighting the two existing categories of scholarship that motivate my research. First, is the literature about the politics of labor market
dualization. The other area is the study of immigration attitudes. The existing scholarship on immigration attitudes and labor market dualization is
robust. However, there is little literature that combines these two issue areas. This gap in the existing literature informs my own research and has driven
me to look at this important connection further.
Dualization
The first area of literature that is vital to my research is related to the politics of insiders and outsiders. Insiders being workers with strong labor
protections and outsiders being workers outside of those protections, ... Show more content on Helpwriting.net ...
However, outsiders are more likely to receive higher net social benefit from the welfare state than insiders. Meaning they are more likely to take more
in social benefits than they contribute to the welfare state. These benefits include unemployment benefits, relief payments to the poor, social security,
and health care payments. Therefore, outsiders could have more to lose if they must split their benefits with incoming immigrants that may receive
higher social benefits than they contribute. Governments may also decide to raise taxes to appease net social benefit recipients by keeping their
benefits the same. This may cause citizens to protest immigration to avoid a tax increase to pay for incoming immigrants' welfare. Insiders, because
they pay more into the system than they receive, may be more likely to oppose immigration on the tax raising grounds. Therefore, the welfare
explanations implication on insider–outsider immigration politics can depend on how the government acts. The insider–outsider dilemma also can be
tricky for the political party themselves to navigate (Lindvall, Rueda,
... Get more on HelpWriting.net ...
The Impact Of Wal Mart On The Labor Market
WESTERN ILLINOIS UNIVERSITY
A meta–analysis of the impact of Wal–Mart on the labor market
A county wise analysis
Nachiket Thakkar
05–Dec–14
ABSTRACT:
This paper is a meta–analysis of five different papers on the effect of Wal–Mart stores in urban and rural counties of USA. It also tries to find some
valuable information about the wage and employment level in those counties and also in the adjacent and non–adjacent counties. Also, the paper
discusses about the increase and decrease in the number of small retail stores in the counties where Wal–Mart is having its discount or super store.
TABLE OF COTENTS:
TOPIC DESCRIPTIONPAGE NO.
1)Introduction
2)Impact of Walmart on Small Businesses
3)Impact of Walmart on local... Show more content on Helpwriting.net ...
This eventually forces the local small retailers to go out of business or to move their business where there is no competition from big box retail stores
such as Walmart.
The employees of the small retail stores, who got unemployed because of the closing of the stores, will be able to find jobs at the newly opened
Walmart. But, the data does suggest that the employment do increase in the first year of the opening of Walmart but it starts declining in the
subsequent years. Also, the retail space that will be left by the outgoing stores will now be available to other business and industries in which Walmart
doesn't compete directly such as automobile dealerships, restaurant business, etc.
Also, the employees that will be hired by the newly opened Walmart will be working on an average of 28 hours per week. So, they will be working
part–time job where as previously they were able to work full time in small retail stores. Also, there is a lot of criticism that Walmart doesn't pay good
wages to its employees and according to some research it comes out to be between $7–8 per hour which is in range of other competing big box retail
stores like K–mart, Target, etc.
There is also criticism that entry of Walmart in a particular community increases the poverty rate as well. Because, of the closing of the small retail
businesses, the unemployed workers will be relying on the government to provide them with the necessary monetary support
... Get more on HelpWriting.net ...
The Labor Market
Labor economics seeks to understand the functioning and dynamics of the markets for labour. Labor markets function through the interaction of
workers and employers. Labour economics looks at the suppliers of labor services (workers), the demands of labour services (employers), and attempts
to understand the resulting pattern of wages, employment, and income.
There are three main groups of actors or participants in the labour market: individuals, firms (or employers), and the government. Individuals make
labour market decisions concerning whether and when to enter the labour force, how much education, training and job search to undertake, what type
of work (which occupation and industry), how many hours to work each week (and weeks per ... Show more content on Helpwriting.net ...
In the long run, however, it typically becomes easier to replace labour with capital: – in other words, to introduce labour – saving technology so that
the demand for labour is likely to be more elastic.
The supply of labour, like the supply for other services, merely indicates how much labour workers are willing to offer at various prices. A worker
's supply of labour depends on his or her preferences for two types of "goods": consumption goods and leisure. Consumption goods include all the
goods that can be purchased with the income that a worker earns from working. Leisure is the good that workers consume when they are not working.
By working more (supplying more labour), a worker reduces his or her consumption of leisure but is able to increase his or her purchases of
consumption goods. In choosing between leisure and consumption, the worker may face constraints. These constraints can be seen as factors that may
affect their supply of labour. The factors that affect the supply of labour arewage rates, population size, social factors, education requirements and
working age. In most cases the supply of labour will increase with the increase in wages. This is because more workers will be attracted by a higher
wage rate and moreover the existing workforce may be willing to work overtime at a higher wage rate. The population size affects supply since an
increase in population will lead to an increase in the
... Get more on HelpWriting.net ...
Cleveland Labor Market Condition
Contents:
Abstract 4
Introduction5–7 Cleveland History6 Economy6–8
Summary of Cleveland's labor market conditions9–11
Comparison of Cleveland Columbus regional city 12–13
Conclusion14
References15
Abstract:
In this article I will write about was and currently is the labor condition in Cleveland, Ohio. Also, I will analyze some of labor market data. Cleveland,
Ohio is the second largest city in Ohio State with population of 396815 – census.gov (2010)– people.
Introduction:
Cleveland, Ohio Public square 1912 Cleveland, Ohio Public square 2017 (Cleveland.com)
Cleveland History:
Cleveland obtained its name on July 22, 1796 when surveyors of the Connecticut Land ... Show more content on Helpwriting.net ...
During and after the recession period the unemployment rate increased and the employment rate decreased. Also, the charts shows that the labor
market in Columbus is more promising than Cleveland's. References:
Analyst, Contributing Author Senior Research. "Columbus – Growth Continues, but at a Moderate Pace." Clevelandfed. May 25, 2016. Accessed April
17, 2017. https://www.clevelandfed.org/newsroom–and–events/publications/metro–mix/columbus/mm–201605–columbus.aspx.
Dealer, Ginger Christ The Plain. "City's decision on buses returning to Public Square stalled." Cleveland.com. November 15, 2016. Accessed April 17,
2017. http://www.cleveland.com/metro/index.ssf/2016/11/citys_decision_on_buses_return.html.
Economist, Senior Research Analyst. "Cleveland–Housing Market Up, Labor Market Mixed." Clevelandfed. March 30, 2017. Accessed April 17, 2017.
... Get more on HelpWriting.net ...
The Negative Effects Of Globalization On The Labor Market
Negative Impact of Globalization on the Labor Market Kseniia Kharchevnykova ILSC Globalization is known to be found almost in all countries all
over the world. The definition of globalization is quite easy to understand, it is the process of integration and co–operation between different countries.
So, how does globalization influence the labor market? Although there are some benefits of globalization in several areas like culture and business, it
has a negative impact on the labor market. Serious consequences of trade liberalization, fast expanding of technology at factories and plants all around
the world and growing gap between manufacturing–producing countries and agricultural–producing countries are known to be three major ways
globalization affects the labor market. Consequences of trade liberalization are known to be one of the major issues that reflects negative impact on the
labor market of the globalization. Unfortunately, these days only high–skilled workers are able to find good jobs with high salaries, while many people
lose their jobs, so unemployment in those countries began increasing rapidly. "For example, research reveals that trade liberalization in Mexico in the
mid–to–late 1980s led to increased relative wages of high–skilled workers" (Najdeni, 2016, para 4). In addition to this, some experts predicted that
there will be great changes in the demand for unskilled workers and growth their salaries. They might have expected
... Get more on HelpWriting.net ...
Labor Unions And The Free Market
When the labor unions destroyed the free markets, it was a good thing because it gave the working class less working hours and more pay. According
to Albert Parsons's testimony in Document B, states that the working class is working for long hours and little pay. Parsons wants the employees to
have better working conditions, so less work hours and little pay. This shows that Parsons understands that the working class had poor quality labor
conditions and wanted them to improve. Therefore,when the free market was destroyed by the labor unions, it created better working conditions for
the working class. When the labor unions destroyed the free markets, it was a good thing because it created change for the working department.
According to Samuel
... Get more on HelpWriting.net ...

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Social Construction Of The Labor Market

  • 1. Social Construction Of The Labor Market Introduction Though societal norms exist, we must understand that there are negative results and learn to challenge these norms (gender norms). That is why unions are being created, to fix these problems of inequality people face in the labour market. It may never be the intention of the labour force to propagate gender inequality, or perhaps not out rightly so. Unfortunately, the social construction of society has created norms that individuals unconsciously follow and pass on from one generation to another. With these norms intact, inequality exists in the labour market; it exists in payroll, the wage gap is the outcome; women are employed only in gender–specific job positions and even though they are lucky enough to get the male–dominated jobs, they get treated differently – harassed or discriminated and sexism exist. It is due to past inequalities that women have faced that may be the cause of unfair treatment in the labour market compare to men. This topic is important because it expands our knowledge and makes us understand the inequalities we face or do consciously or unconsciously in the labour force due to gender relations. "The Canada Year Book 2001 reported that 1998 women spent 15.2 hours on unpaid housework (not counting childcare) per week compared with 8.3 hours for men. Mothers ages 25–44 who were working full–time also spent nearly 35 hours a week at unpaid work" (wgst1f90) these are the statistics from the article that was gotten from the Canada year ... Get more on HelpWriting.net ...
  • 2. Labor Market in Singapore Introduction Since Singapore gained its independence in 1965, its economy had progressed due to globalization, rapid technological advances and the rise of China and India. With these different stages of development, Singapore's labor market had adapted itself by transforming from a labor abundant and capital limited city into a labor deficient and capital rich country (Chia 2005). Singapore is now a popular export–manufacturing base, regional headquarter for foreign multinational company and a financial centre (Chia 2005). The industrial structure has also progressed from a labor intensive export manufacturing to a capital and technology intensive manufacturing, which hence provided capabilities to compete globally not only for its ... Show more content on Helpwriting.net ... With the demand for more educated workers, it in turn encouraged the returns to higher levels of education, resulting an increase in the return to university education in 2004 as compared to 2001 (Yeo et al. 2007). Therefore the labor structure in Singapore had evolved into one having a more skilled and multi–lingual workforce as compared to the past. Aging Population Singapore has one of the fastest aging populations due to the lack of babies, this consequently led to the slow down in the growth of Singapore's labor force. Recent research had also found that Singaporean life expectancy had increase from 61 years old in 1957 to today average life expectancy of 80 years old. In order to ensure that these senior citizens have enough savings for their old age, the government in Singapore had encouraged them to stay employed and work longer (Sprinter 2007). To achieve this, the government planed to legislate re–employment for older workers to work beyond 62 to 67 (Sprinter 2007). With the support from WDA in helping companies to redesign jobs and give training for older workers, actions by Tripartite Committee in recommending Employability of Older Workers and nevertheless the upcoming legislation and incentives provided by the government, we will be expecting to see more older workers in the workforce as compare to the past. The result of these efforts had been publicized by NTUC (2007), which shows that the ... Get more on HelpWriting.net ...
  • 3. The World Labor Market The stabilization of the labor supply created the world market labor (Lecture, February 25, 2014). For example, this resulted in millions of people to come to America and involve themselves in working for our country. However, migrants tend to always get paid little amounts which does not really help them out the way that they need or hope for but they stick around anyways. In addition, increased migration primarily helps the government's economic state. For instance, the United States has a large labor market. There are numerous tasks that need to be competed on a daily basis. By hiring migrants they are able to pay them extremely little compared to the profits that are being made. Which means the government's economy is highly dependent on global workers (Robinson,267). This is why emigrants can be seen as heroes. And they should be treated with decency because dependent countries such as the US cannot afford to lose them (Robinson,267). In the article by Alejandro Portes, he explains that capital being global and labor being local is nothing new. That the modern world system has grown because of the abroad labor system occurring. (Portes,152). He also mentions that the process of transnational communities in the world system resulted in many advantages. However, he says "those advantages are entirely on the side of those able to...thus turning globalization into the final apotheosis of capital..." (Portes, 152). Overall a global capitalist society secures the economy of ... Get more on HelpWriting.net ...
  • 4. Disadvantages Of The Labor Market Introduction: Labour market is an abstarction and analytical construction which denotes the context within which the buyers and sellers of labour come together to determine the pricing and allocation of labour services. It also emphasizes the involvement of trade unions, government and other related institutional bodies as well as the application of the bargaining theory in the issue of labour. Key words: Washington Consensus, Labour Market,Labour Market Flexibility. The Washington Consensus is a set of 10 economic policy prescriptions considered to constitute the "standard" reform package promoted for crisis–wracked developing countries Washington, D.C.–based institutions such as the international Monetary Fund (IMF), World Bank, and the US Treasury Department. The term was first used in 1989 by English ... Show more content on Helpwriting.net ... Higher search costs for workers needing to find new jobs. Also firms may have higher replacement costs for hiring more workers. Firms may end up paying a premium to employment agencies to help fill gaps in their workforce. Advantages of Flexible Labour Markets 1.Firms will be more efficient and competitive. Flexible labour markets help keep costs down for firms. For example, firms can get rid of surplus workers. This may help prevent the firm going bankrupt and protect jobs in the long term. Arguably with neo–liberalisation, it is increasingly important for firms to remain competitive within the global economy. 2.With increased labour productivity there could be an increase in output and exports. There could be a lower rate of natural unemployment and lower inflation. 3.Many workers will prefer flexible employment patterns because it suits their life style and offers a greater range of choice. For example, flexible labour markets have played a role in increasing female participation rates. 4.May encourage inward investment. Multinational firms may be attracted to invest in countries with more flexible labour markets, creating jobs in the first
  • 5. ... Get more on HelpWriting.net ...
  • 6. Disparities In The Disturbing Labor Market From 1950 to 2018, there are very little changes in the disturbing labor–market, in fact, today trends have stopped flowing and the wage gap between races may be the most disheartening. Moreover, the gap economics and wages have become even more disparity. Right after World War II, many Americans were encouraged by the steady and significant economic progress, including for Blacks. In 1950, many big factories just start up and need workers So, many African–American were offered the steady wages with higher than the pay earned by there parents. But, still, under Jim Crow, African Americans were relegated to the status of second–class citizens. African Americans were not allowed to run machinery or promote it. So, even though they were offered ... Get more on HelpWriting.net ...
  • 7. Essay on The Swedish Model of Labor Market The Swedish model of labor market is distinctive. There are several elements that build up a successful Swedish model. De–commodification of labor has been put into practice in order to balance power between capital and labor. There is a large degree of organization, The Swedish Trade Union Confederation (LO) and The Swedish Employers' Confederation (SAF) which made possible for self–regulation. Working class is very strong which results in low level of labor market conflict. Centralized bargaining is also a key aspect that wage or work condition is an outcome of negotiation between two peak organizations. Moreover, Rhen– Meidner model was implemented in 1950s. The model intends to reach full employment in line with economic stability.... Show more content on Helpwriting.net ... The government was able to runs budget balance and unemployment rate was decreased dramatically. A significant change in this period was an implication of workfare policy. The policy affects supply side of labor in which it put more pressure for an individual worker to seek for a job. The process of acquiring social insurance benefit becomes more difficult. Workfare policy forces workers to work until they have no working capability at all. Unemployment insurance has been changed into a negative trend in a view of workers. In 2007 it became even stricter when the right–wings party was in power. Rules of qualification in order to obtain benefit are costly. It requires membership fee which has been increasing significantly. Thus, the fee system excludes workers who could not afford or think that it is not worth paying for. Minimum working period is included in the rule making more burdens to benefit claimer. Compensation level has been reduced from 90 percent of initial income to 80 percent. The rule turned to be even more complicated in 2007 that the compensation is 80 percent of initial income for the first 200 days and reduce to 70 percent for the rest day until 300 days. This significant change has a great impact on individual's incentive. Most of people have left insurance and turn to private insurance like Trade Union. Moreover, people must concern more whether it is risky or not to change a certain job. This is because the government ... Get more on HelpWriting.net ...
  • 8. The Changing Patterns Of Education And Youth Labor Market There are countless reasons that help to explain the growing number of people delaying marriage. Between 1976 and 2011the median age of first marriage increased by six years for men and seven years for women, according to the Australian Bureau of Statistics. "There is little doubt that the experiences of young people making the transition into adulthood are quite different now than they were 20 years ago. Many of these changes are direct results of labor–market restructuring, workplace reorganizations, and changing educational demand" (Lehmann 2004, 380). The changing patterns of education and youth labor market also accounts for this increase. Changes to the economy and the skills necessary to enter the labor force have changed not only the patterns of education but also the trajectories of young adults during and after education. This transition is increasingly difficult to navigate and denotes the greater evolution of society. Dwyer and Wyn (2001) suggest that, "As young people responded to these changing social conditions, new patterns of 'transition' and new relationships between education and the labour market for young people emerged (Stokes and Wyn 2007, 496). Over the last three decades, extensive technological advances have called for an increasingly educated population. The manufacturing industry that sprung from industrial era introduced new systems in commerce, manufacturing, and other industries, which placed great importance on efficiency, consumption and ... Get more on HelpWriting.net ...
  • 9. Labor Market For Accountancy Accounting Essay Labor Market for Accountancy Accounting, often called "the language of business", is an industry that provides valuable services not only for businesses, but also for individuals. Accountants and auditors look over and analyze financial statements, prepare assessments, and ensure the numbers they work with are accurate and in accordance with governmental regulations. Although not the most exciting profession, current demand for accountants is high. According to Forbes, 61.2 percent of recent college graduates with degrees in accounting receive a job offer shortly after graduating ("Accountants and Auditors"). There are several different types of accountants who specialize in different subfields of accounting but the most recognizable careers in accounting are financial management, economics, budget analysis, and private and governmental accounting or auditing. The industries that employed the most accountants in 2014 were tax preparation, bookkeeping, and payroll services, which accounted for 26 percent of overall employment, the government and finance/insurance sector which both separately employed 8 percent, company and enterprise management, which employed 7 percent, and manufacturing, which employed 6 percent ("Accountants and Auditors"). The current market for accountants is growing. In 2014, accountants held approximately 1.3 million jobs focused in the subfields of tax preparation, government accounting, finance and insurance, company management, and manufacturing ... Get more on HelpWriting.net ...
  • 10. The Labor Market Introduction The landscape of the labor market is a critical factor in the economic comparison of different countries. Countries with a friendly job market are economically stronger because such an economy is able to achieve high living standards for its citizens. This paper therefore endeavors to explore some of the trends in the labor market in the US, EU, Japan and China Unemployment Rates As per August 2016 the unemployment rate was reported to be at 4.9% percent by the Bureau of Labor Statistics and this is the first time the unemployment rate fell below 5% since 2008. However, despite the fall in unemployment rates it is worth considering that only a few of the adults are working. Only 62.7% of the adult Americans are working and this has been so since the late 1970s.n On the other hand, the unemployment rate in the EU was rated at 10.2% in April which is the lowest rate since 2011. In the EU, Greece is by far the country with the highest unemployment rate of 23.3% particularly due to its economic meltdown. On the other hand Malta and Germany have recorded the lowest unemployment rates in 2016 of about 4%. In Asia, the unemployment rate in China by June 2016 was rated to be 4.05%. In the first half of 2016, 7.17 million jobs were created in the majority of the Chinese urban cities therefore accounting for 71.7% of China's yearly target of 10 million jobs. In Japan, the jobless rate rose to 3.1 % in August 2016 from 3.0% in July. The unemployment rate in Japan ... Get more on HelpWriting.net ...
  • 11. Effects Of Beauty On The Labor Market Essay It has become increasing clear that beauty may play a role when it comes to social interactions involved in economic or political opportunities. Now, one may ask how beauty could possibly play a noticeable impact on situations concerning economic or political opportunities. Yet, it does. A laboratory experiment was conducted to fully study the impact of "beauty premium", the positive association and relationship between attractiveness and wages, on economic success in the labor market. The experiment was conducted by Tatyana Deryugina, a professor of finance and her companions. Although illegal, labor market discrimination has occurred based on physical appearances and Tatyana wanted to test this notion. Deriving from this experiment, they were able to conclude that the beauty premium does indeed exist although only in certain circumstances. Only in tasks such as bargaining does beauty premium significantly show a positive correlation. In other tasks such as analysis or data entry, the notion of beauty premium does not exist. They state, "we find that the beauty premium in bargaining completely vanishes in the second round of bidding when the task is repeated, which suggests that employers learn quickly that performance is uncorrelated with attractiveness" (Deryugina 2015). The point is that physical beauty is what deceives the mind into thinking that the more attractive one is, the more competent they may be in performing and executing skills such as bargaining. ... Get more on HelpWriting.net ...
  • 12. The Creative Industry Labor Market "DESIGNER WANTED! We are looking for a designer with a great quantity of energy to add to our team [...]. The required skills are: Photoshop, Illustrator, InDesign, Social Media Campaigns, Communication Campaigns, Interfaces Development (Web Apps), Typography, Motion (After Effects), Vector Illustration, Digital Painting [...] ". The quotation above is an excerpt from a vacancy notice aimed for designers to work in a company which provides internet services. Reading the several skills the employer requires from the designer, the following questions arise: Does the creative industry labor market belong to multidisciplinary designers? Is being multidisciplinary is something mandatory to a designer? Must the multiple skills be taken into... Show more content on Helpwriting.net ... Indeed, the working scenario where design centers on is quite complex and unpredictable. Inserting knowledge in a context of totality, such as the environment in which humans interact, allows the complexity of this environment to be seen in a globalized and interdependent way, retrieving the sense of unity that has been lost by the values of specialness; complex because, as stated by Couto et al. (2004) design focuses at the human and the environment in which it interacts, requiring an accurate vision of the designer to understand the complexity of human and environment interaction; unpredictable, because, according to Wyatt (2014), unlike other professions who walk in a more usual speed, in the creative industry, changes occur at the speed of light, as technology and fads run by leaps and bounds. As it is stated in Designing for the 21st century: Interdisciplinary questions and insights: Change is ever present, as the challenges of technology, environment and society demand our continuous attention and we struggle with issues of complexity, we see that the science, social science and humanities need a means of working together. Design research provides the orchestration, the systematization and visualization to bring together the disciplines to build bridges to the future. Such research will provide the evidence and insights upon which professional designers, industry and society can create ... Get more on HelpWriting.net ...
  • 13. Labor Market Flexibility Labor Market Flexibility is, in theory, the prerogative of employers to hire and subsequently fire workers without oversight, or the regard for regulation and/or influence of work unions (Marmot & Wilkinson, 2006). The thought process behind this idea is that firms are more likely to increase their workforce, and that a greater portion of society can be employed. Through my experience in watching the financial industry– and business–oriented Bloomberg News channel on Television, the model of having less regulatory oversight and influences from outside sources brings down the operating costs of companies and corporations, thereby allowing for greater investments by said firms, presumably, to hire more people. As indicated by (Marmot & Wilkinson, 2006), individuals with higher levels of job insecurity are thought to be more enticed to work harder than others, so this labor market model would be followed by an uptick in population–wide productivity levels. This would thereby lead to an increase... Show more content on Helpwriting.net ... It is not healthy, and it should change. While regulations are costly for businesses to comply with, they are needed to make sure that no industry gets in worse in its quality for workers and that no one can be let go without just cause. Furthermore, this should be in addition to proper notifications of any mistakes made and how to keep them from happening again, without fear of unemployment for it just occurring once. References: Marmot, Michael, and Richard G. Wilkinson. Social determinants of health. 2nd ed. Oxford: Oxford U Press, 2006. Print. Patton, L. (2017, January 11). The Job Market Is Heating Up for Fast–Food Workers. Bloomberg News. Retrieved February 18, 2017, from ... Get more on HelpWriting.net ...
  • 14. A Comprehensive Picture Of The Labor Market 1) Employment Situation Most narratives of U.S. economy usually begin with the employment report. This report pastes a comprehensive picture of the labor market, and perhaps in a broader sense provides a glimpse of the overall condition of the economy. Selected Indicator(s): Non–Farm Payrolls Change Importance Household income is largely depended upon wages and salaries. If the household (workforce) earns more, it will spend more and businesses will produce more, thus increasing economic output. Conversely, if fewer people are working, we will have lower spending and economic activity will be reduced. It is this fundamental flow effect, which makes the employment report generate expectations about business sales and profits. Household (consumer) spending accounts for 2/3 of the U.S GDP, thus the employment report has the power to move both equity and bond markets and impact the U.S dollar. The Fed minutes from Dismal also reveal that the Fed takes due notice of the Employment situation. The Non–farm payroll change number tells us how many jobs were added in since the last survey (monthly survey). Current Trend As the U.S. economy started to emerge out the 2008 recession payroll gains were witnessed in the later half of 2010 and overall a positive trend in payroll change i.e. payroll gains have remained intact ever since. Although, the recent number of payroll gains of 38,000 is the weakest monthly gain in the last 5 years, but nonetheless the number is positive. ... Get more on HelpWriting.net ...
  • 15. Essay on Education: A Path to Gender Equality in Labor... Human capital is a fundamental labor force. Thus, encouraging greater female participation or reinforcing gender equality in labor markets worldwide will lead to gains in productivity. However, what can be done to create gender equality? A study emphasized the equality of education. When education access to women is equal to men, occupation opportunities and earnings of men and women with similar education and experience are equal. A research in Pakistan and other studies are introduced. Their findings suggest that education plays a vital part in gender equality in labor force. In another word, education can be a path to gender equality in labor markets. For education to be a path to gender equality, it must benefit woman equally to man. ... Show more content on Helpwriting.net ... Tembon and Fort also agree with this ideal. They basically state that education can profit individuals in the labor market by assisting their admission into higher earning occupations and by increasing their earnings within an occupation. So it can promote gender equality in labor market when education access to woman is equal to man (Tembon, et all. Ed 68). For education to promote gender equality, it must profit women equally to man, given the history of discrimination against women and girls in schooling. In order to gain insights into the relationships between education and labor market outcomes for women, one case of Pakistan is examined. Pakistan has long been known for its gender gaps in education. Girls are behind in education access, in the quality of schooling available and in the outcomes of education. Far from narrowing over time, the gender gap in primary enrollment rose by 30 percentage points between 1985 and 1995, even predominate over Afghanistan, where the corresponding gap rose by 18 percentage points over the same period (computed from Conly 2004). This perseverance of gender inequality in access to schooling damages achievement of the Millennium Development Goals for education in Pakistan. The main study considers two relationships: the association between education and occupational outcomes and the association between education and earnings. When examining the ... Get more on HelpWriting.net ...
  • 16. The Productivity And Flexibility Of The Labor Market The efficiency and flexibility of the labor market are critical for ensuring that workers are allocated to their most effective. In Dubai hires skilled foreign workers mostly from South East Asia to fulfill its needs. Labor markets must therefore have the flexibility to shift workers from one economic activity to another. In today's globalized world, technology is increasingly essential for firms to compete and prosper. The technological readiness measures the agility with which an economy adopts existing technologies to enhance the productivity of its industries, with specific emphasis on its capacity to fully leverage information and communication technologies. The size of the market affects productivity since large markets allow firms to exploit economies of scale. Traditionally, the markets available to firms have been constrained by national borders. In the era ofglobalization, international markets have become a substitute for domestic markets, especially for small countries. There is no doubt that sophisticated business practices are conducive to higher efficiency in the production of goods and services. Business sophistication concerns two elements that are intricately linked. Innovation can emerge from new technological and non–technological knowledge. Non–technological innovations are closely related to the know–how, skills, and working conditions that are embedded in organizations. Although all the above said characteristics of competitive advantage sound ... Get more on HelpWriting.net ...
  • 17. The Relationship Between Economic Globalization And Labor... The relationship between economic globalization and labor market power provides empirical trends in world average and the world equality through structural bargaining power and associated power, thereby allowing workers to achieve convergence across nations (Mahutga). What labor market power does for economic globalization is that it increases the probability of labor internationalism through two models, namely, the structural model and the institutional model. Beverly Sliver, Tamara Kay, Nita Rudra, and Matthew Mahutga provide different theories and data, breaking down the trends of labor power and labor movement on a global scale. The labor movement began during the industrial revolution and exists because of worker–employer relationships and working conditions, thus providing the landscape for labor power (Mahutga). Labor power can be broken down into associational power and structural bargaining power. Mahutga's Lecture on Globalization and Labor builds on Beverly Sliver 's argument on the Forces of Labor and Tamara Kay 's argument on Labor Transnationalism and Global Governance about what Labor market power and Labor Transnationalism mean as regards labor on a global scale (Mahutga, Kay). Is it creating better standards for the working and living conditions of workers? Associational power results in collective workers ' ability to unionize and organize to present one opposing voice. Structural bargaining power results from the workers ' place in the economic system, ... Get more on HelpWriting.net ...
  • 18. US Labor Market With the exception of baseball players subject to reserve clause, (Scully 1974, Kahn 2000) ,and university professors, (Ransom,1993) it can be inferred that in the case of fairly specialized labor markets this model does not accurately describe the US labor market and also does not describe the low– to medium–skilled sector. Instead one can argue that labor markets in the US are overall competitive. Overall it can be assumed that the most efficient and prevalent employment arrangements also provide the ability for competitive markets to effectively bargain between employers and employees as the market forces see fit. Currently the US economy and labor market can be considered open and competitive, for, individuals are willing and able to... Show more content on Helpwriting.net ... The ability to monitor the hours worked by employees which was not required prior to the inclusion in overtime pay. Important aspect not yet addressed is that the regulatory change under consideration by the DOL will likely cause compensating adjustments in employment arrangements that are more necessary than the adjustments put forth by the DOL. Throughout our analysis, we assume it is relatively cost–free for both employers and regulators to monitor and document the number of hours that salaried employees work each week. Although this assumption might hold for some types of salaried employees, it likely does not hold for many of them and surely does not hold for all of ... Get more on HelpWriting.net ...
  • 19. Essay on Beauty and the Labor Market Summary: The article "Beauty and the Labor Market" by Daniel S. Hamermesh and Jeff E. Biddle examines the economics of discrimination in the labour market based on looks and the relationship that exists between beauty and labour market earnings. Analyzing, results from several studies, data from various empirical research and surveys; the article identifies the source of earnings differentials related to looks in six distinct and detailed sections. The first section addresses the question of whether it is possible to use measures of beauty to analyze the role of looks in the labour market. Since, it would be futile to examine the effect of beauty on employment if there is no mutual agreement on what defines beauty. Using data from... Show more content on Helpwriting.net ... Through analyzing data provided by three diverse broad surveys, each offering a variety of measures of earning, the article advocates that the finding of pay premia and penalties for looks is strong and accurate. These findings become even stronger when the authors synthesize the results from the three surveys. A major contribution of this article is that it paves the way for future experiments and empirical studies. The conclusion presented on premia and penalties associated with looks in the article reflect the effect of beauty in all its characteristics, not just one of its many components, such as height, weight, or facial appearance. Future experiment and empirical studies can be built on the layout or techniques presented by this article and can be focused on examining the source of wage differentials and possible discrimination due to a specific characteristic of beauty or various other dimensions such as physical and mental disabilities. Same experiment can also be conducted on data from economies outside of North America to check whether the same premia and penalties of looks exist in other economies. Critique: The article proposes that there is a positive relationship between beauty and labour market earnings and the impact of beauty is higher for men than women. However, the article fails to answer an important question: is the impact of beauty due to pure discrimination or ... Get more on HelpWriting.net ...
  • 20. Effects of Globalization on Labor Markets The Globalization of Labor Markets Abstract The following pages focus on analyzing the effects of globalization on labor markets, which is an important international business topic. The Introduction presents the points of view used in addressing this issue. The Labor Markets section presents some of the most important characteristics of labor markets that must be presented in order to understand how they are affected by globalization. The Key Priorities of Labor Markets section presents some of the most important priorities of governments determined by globalization. The Globalization of Labor Markets and The Effects of Globalization of Labor Markets section provides an analysis of this issue, its effects and its importance. The Conclusions section provides some of the most important issues addressed by this paper. Introduction The process of globalization is a process determined by different countries' need to develop international relationships. These international relationships are intended to provide countries with what they need, while providing what other countries need. Some countries require workforce and have the financial resources it requires, while other countries have this workforce that they can export and need to increase their financial resources. The numerous trade agreements developed between different groups of countries reveal the success of developing such relationships. Countries these trade agreements have reported increased imports and ... Get more on HelpWriting.net ...
  • 21. A Field Experiment On Labor Market Discrimination In "Are Emily and Greg More Employable Than Lakisha and Jamal? A Field Experiment on Labor Market Discrimination" authors Marianne Bertrand and Sendhil Mullainathan ask the question of whether having an African American,as compared to White,name decreases one's chances of receiving a callback when answering a job ad.In order to investigate this query, Bertrand and Mullainathan sent out 5,000 faux resumes to 1,300 job listings in Boston and Chicago. Resumes from actual job seekers,with personal information removed,were obtained from job search websites and divided into high and low quality groups. Furthermore, embellishment of high caliber resumes further reinforced the quality gap. Each job listing received four resumes; two high quality and ... Get more on HelpWriting.net ...
  • 22. Labor Market Policy Analysis A.The labor market is always important to the economy of a nation. In the U.S, the employment recovery started in February 2010, and it have created more than 18 million jobs for American workers. But as Donald Trump won the election and be a new U.S president, he has not made any policy to further this economic progress. President Trump with his new tax plan focused on making massive profits for big and super big companies, then, instead of using the profits investing in job and wage growth, they use that to buy back their own shares, in other words, only the rich be richer. Another policy is proposed is the one that would deregulate 25 of the largest 38 banks, according to the article, "if this bill is passed, it would greatly undermine... Show more content on Helpwriting.net ... The article mostly focuses on how the new policies enacted by President Trump affect the labor market in the U.S. In term of numbers and graphs that the article provided, the authors show how the labor market has been recovered clearly and how it is happening under new policies. With the new tax plan, the profit growth for big companies is undeniable, but they use that to enrich the shareholders. The authors provides 5 different graphs to strengthen the arguments. With each graph, the authors provide facts with number to support along with it. The authors success on delivery their view on the labor market now and upcoming. The tax cuts for small business does not necessary cause them to hire more workers, and of course, the same goes to big business. Also, besides the new policies, the article also provide how the recovery of the employment rate worked and failed to be equal among all demographics, with the graph that compare between the unemployment rate of African American population and the national unemployment rate, the difference is still there from 2010 to 2018. Number does not lie, so as the author talk out and protect their arguments with numbers, these information is trustworthy and their view on the labor market in the future seems more reliable. For me, the article is completed with facts, information and predictions about later labor ... Get more on HelpWriting.net ...
  • 23. Saudi Labor Market : Saudi Saudi Labor Market Saudi Arabia has been over a rare revolution from a humble nomad life to the current contemporary life it is currently. This transition needed high exertion, strategies as well as policies in the 20th century to take the Asian nation to its present position. As noted by Roy (2009), the Saudi Arabian economy is one of the largest in Asia and has been rising at a vigorous pace as well as fruitful in providing employment. Nevertheless, most of the jobs go to foreign employees, yielding high redundancy among the promptly budding Saudi labor force. This paper will emphasize on the labor market in Saudi, and it features relating to wage determination, demand, and supply. Emergence of Saudi Labor Market In Saudi Arabia, in advance of the invention of oil, labor market was restricted to request and did not show a distinct dissection of classes. Many Saudis are involved in traditional categories of occupation, and some were self–employed. Most people lived an itinerant life due to the physical setting of the country. Neither did the country have a strong fundamental administration nor a compound classification of the workforce. Conversely, with the unearthing of oil in the late 1930s, its economic undertakings experienced a start of modification that would make the petroleum industry the key of the Saudi financial scheme (Woodward, 1988, pp. 45–51). In Saudi Arabia, there are approximately as many foreigners as citizens working in the country. Feminine labor is ... Get more on HelpWriting.net ...
  • 24. Labor Market Demographic Analysis We have taken data from United States Department of Agriculture for various parameters such as population from US Census Bureau, Unemployment from Bureau of Labor Statistics. Labor market conditions substantially impact both the individual and community well– being. Higher Degree People are directly related to labor market outcome, as those who are highly literate are getting handsome money and less likely to be unemployed. We organized the data to understand the status of Employment, Net migrants, population of United States from year 2013 to 2016. This overall advocate the share of market with the income and education. Aim: We are a market analyst want to create dashboard that will represent the order of state of United States for the four ... Show more content on Helpwriting.net ... They chose that a few offices ought to be migrated and new offices opened to better serve their business sectors. At the point when the following occasional survey was done, the consumer loyalty scores had altogether made strides. Using the census dashboard our organization, would target the states having higher employed population. That help to estimate the product demand and supply. For example, Top 5 employed states in the dashboard such as TX, CA, NY, FL and IL as in Appendix A. (Kassel, 2016) Migrants distribution in US: With the top migrant's status, would suggest the more opportunities and resources. So, it's important to have a glance as in Appendix B, which could give a brief idea about the top states with more number of migrants and how the migrants are distributed in the US, such as maximum in South US, following East and soon. (Kassel, ... Get more on HelpWriting.net ...
  • 25. What Is The Labor Force Market In The UK? The current labor force market in the United Kingdom was last reported to be in good standing. Between April to June of 2017 and July to September of 2017, the number of people in work fell slightly along with the number of unemployed people. There were 32.06 million people in work, which is 14,000 fewer than for April to June 2017. The employment rate was 75.0% and the unemployment rate was 4.3%, which is less than the 4.8% rate announced earlier in the year. The labor force participation rate decreased to 78.4% in August of 2017 from 78.6% in July 2017. The current UK unemployment rate is the lowest rate reported since 1975. Average weekly earnings for employees in Great Britain increased by 2.2% in nominal terms, while the average... Show more content on Helpwriting.net ... The UK and EU need to establish a bilateral agreement that will establish new terms for state pensions which will affect the lives of tens of millions of people throughout Europe and the UK. Millions of expats living in Europe feared that they would see their pensions frozen, as some who have moved outside of the UK currently face. Currently, about 550,000 British pensioners (4% of all recipients of the State Pension & approx. 50% of those living overseas) are affected by the government's frozen pension policy. Each year, UK pensioners in the EU, Barbados, Bermuda, Israel, Jamaica, Mauritius, and the Philippines receive pension payments that increase each year. The government's frozen pension policy freezes the pension of a UK citizen at the first level received for the rest of their life abroad, which ultimately decreases pension payment in real terms. Many people who are currently affected by frozen British pensions often experiencing financial difficulties and tend to have to depend on other sources of income. The UK may impose a frozen pension policy on state pensions being paid outside the EU depending on the agreements underway between the UK and EU. The UK was a part of a system that would coordinate the pension payments for those moving within the EU. This previous system was designed to remove barriers to workers moving between member states. The new ... Get more on HelpWriting.net ...
  • 26. The Canadian Labor Market Of Canada There is a very strong emphasis on human rights systems and laws to address discrimination in Canada. Unfortunately simultaneously, Canadians also have a heritage of racism. It is not targeted only at Aboriginal persons, contrary to a common belief; it is also targeted towards other groups also, consisting of Chinese, African, South Asian, Japanese, Muslim and Jewish Canadians. Even today the Canadian structures and systems are affected by this legacy distressing the lives of everyone and especially the racialized people in Canada. This paper is an attempt to understand ethnicity exhibited in the Canadian labor market. There is a long history of maintaining unfair policies and biased practices towards Canadians who are racially different on the basis of skin color and other apparent features. Sadly with time unfavorable policies and differential treatments targeted at racial minorities turn out to be specialized characteristics for these groups. Given this framework, unfavorable social features ascribed to racial minorities and superficial characteristics become inseparable. It has been proved by research that even to this day; Canadian society persists to assign disparate social value to people of diverse origins. Several studies have reveal that non–white minorities are regarded as generally less favorable and less desirable than people of European origin by Canadians, and that the concept of "race" continues to be a way to make sense of their daily experiences ... Get more on HelpWriting.net ...
  • 27. The African American Labor Market from leasing out laborers to desperate white southerners who needed to upkeep their crops and coal mines. Although some economic historians (DeCanio, Higgs; 1975, 1977) have concluded that laws aimed at repressing blacks were largely ineffective because of economic competition amongst blacks, Jennifer Roback of the University of Chicago Law Review asserts that the convict lease system served as a exploitive byproduct of white southerners' desire to proclaim economic dominance over the African American labor market. The motives of lessees were not solely economically driven – they were racially discriminatory practices with the intent of keeping African–Americans as subservient citizens. Along the way, white southerners realized that they could use large groups of criminalized African Americans to build infrastructure, such as railroads, to mine coal and iron, make turpentine, clear land, and of course, grow cotton. Similarly, state governments realized that they could economically profit while socially benefiting from having African Americans off the streets and back on plantations. Since nearly all convicts were black, few whites cared about what happened to them. And if the supply of convicts fell below the demand, legislators and sheriffs stood ready to increase the supply. In a sense, pig laws, vagrancy laws, and convict leasing served as negative incentives to freed persons who were hesitant to enter into labor contracts that offered low pay, long hours, and poor ... Get more on HelpWriting.net ...
  • 28. The Labor Market Of The Labour Market The labour market is defined as the place where employment and employee interaction take place, otherwise known as 'Job Sector'. In the labour market, employers and companies whether big or small always compete to hire the best skilled, highly motivated and hard–working of individuals to compete for the best job available. (Economic, 2015). A labour market in complex terms is defined as an economic function which supplies different level of demand and supply of labour (Webster, 2015). E.g. labour demand is essentially the firm's demand for labour whether high or low depending on certain factors influencing the demand whereas supply is often explained via the individual employee's supply of labour via how much input and output they apply to the job. My chosen field of work is going to be in the business marketing sector such as Commercial Marketing and will be analysing the labour market within marketing and distinguish what the influences change in the labour market concerning marketing. Location of the job would preferably in the London districts mostly central London. Current labour market trends have to be thoroughly and constantly analysed to get a perspective on how they affect the labour supply and demand on certain areas such as marketing and other business sectors yearly as market trends are constantly fluctuating. Recent future graduate statistics for the previous years have given us a clear window of the up rise and downfall of the market trends as comparison ... Get more on HelpWriting.net ...
  • 29. Berlin Factory In Today's Labor Market Surprisingly, quite a few of the regulations in this berlin factory in 1844, would be acceptable today. Many of these regulations still stand in workplaces today. Some of these, however would not be acceptable to employers and employees in today's labor market. Of these, eleven of the fourteen rules could be considered acceptable in today's labor market. Such as needing permission to leave before the end of the workday, not being allowed to relieve yourself in places not designated for doing so, not being allowed to smoke in certain areas during work hours, and immediate dismissal of anyone who comes to work drunk. These are acceptable and reasonable terms that should be easy for the employees to follow, and the employers to enforce. ... Get more on HelpWriting.net ...
  • 30. Racial Discrimination Effect on Labor Market The earliest form of racial discrimination against Asian Americans was encountered during the California Gold Rush. The Gold Rush attracted Chinese immigrants who came to California to fill the high demand for laborers. However, as more and more Chinese immigrated to California and the lower–paying labor jobs were filled, the Chinese began filling higher–paying positions typically held by Whites. As a result, an anti–Chinese Movement was formed followed by the enactment of the Chinese Exclusion Act of 1882 which prevented any additional Chinese immigration into the United States . Essentially, Chinese were discriminated against by the Whites due to fear of the Chinese taking over their jobs. After World War II, the federal government ended ... Show more content on Helpwriting.net ... In most cases, the relationship between education and wages is widely accepted since lower education level equates to lower knowledge and skills, qualifying workers for only low–paying jobs. Also, the inability to speak fluent English may have hindered Hispanic wages and employment. The inability to communicate in English affects individuals' performance especially in jobs that require close interaction with English–speaking customers (16). Latinos working on a full–time basis earned approximately $549 per week in 2011 which represented only 71% of what was earned by Whites. This wage gap has been steady even during recession periods. However, unlike other ethnic minority groups, the wage disparities between Whites and Latinos are also clearly attributable to differences in education, work experience, and other demographic characteristics (Charles and Guryan 510). According to the statistics from researchers, the effect of poor English on wages varies, with some reports indicating 30% of the wage disparity between Hispanics and Whites is attributable to the language barrier. Hispanics who do not speak English are relegated to positions which require little to no customer interaction, primarily in the agricultural industry. The challenge of speaking fluent English is common among the Hispanics. As noted in 1976, only 18% of the Hispanic workers in the United States spoke fluent or even partially–fluent English. In 1979, the overall annual earnings for ... Get more on HelpWriting.net ...
  • 31. The Day Labor Market in Phoenix, Arizona Essay The Day Labor Market in Phoenix, Arizona Introduction This paper focuses on the Macehualli Day Labor Union located in Phoenix, Arizona in the 85032 area. Throughout the history of the United States, illegal immigrants have come from all over the world to find work and a better way of life. It is estimated that right now there are about seven million illegal aliens living in America. About 69% of these illegal immigrants are Mexican and over 283,000 of them live in Arizona1. In this paper, we presuppose that the illegal aliens we refer to are Mexican. This is because the aliens living in the geographic area around the day labor center we examine are over 99% Mexican (Reza, 2003, personal interview). Many Mexicans risk ... Show more content on Helpwriting.net ... Background of Day Labor 3 These circumstances have lead to the reemergence of a concept that has existed for a long time: day labor. Day labor used to be geared more towards American citizens looking for temporary jobs, but has now taken a new turn in order to fit the necessities of illegal workers. Day labor is defined as "a practice of searching for work in open air, informal markets such as street corners or in formal temp agencies" ("Work," 307). Under this type of labor, the undocumented immigrant is considered an independent contractor or a temporary domestic worker, and therefore employers are not obliged to ask for work authorization ("Work," 325). Day labor is extremely beneficial to aliens in that it allows immigrants to enter the work force without being required to have legal immigration status. There are two types of day labor industries: informal and formal. Informal day labor consists mostly of men gathering on street corners or parking lots to solicit work. It is considered informal because it is in no way regulated. The men are often picked up by passing cars and hired for the day on terms worked out between the employer and the laborer. By contrast, the formal day labor industry is connected to for–profit temp agencies. These agencies place workers in specific manual jobs and take a percentage of the workers' ... Get more on HelpWriting.net ...
  • 32. How Deflation Impacted The Commodity Market And The Labor... Introduction Since the global economic crisis happened in 2008, it had a severe impact on the worldwide economy. Many countries experienced a great recession for a long time period, which made hundreds of thousands of people lost their jobs, large number of firms failed to pay back the loan and many investment banks went to bankruptcy. Recently, we found that many countries hadn't yet come out from the big shock of the financial crisis; they started facing a disastrous influence on deflation. Deflation was the reduction in the price of goods and services, which was an indication to show that the economic conditions were bad at that moment. In this essay, I would focus on discussing how deflation impacted the commodity market and the labor market and how to use policies to relieve the deflation. Deflation Impact on the Commodity Market Recently, we found that "the oil price dropped a lot; one year ago, a barrel of Brent crude cost $110 and today it was merely $60, which resulted in 45% decrease in the oil price through economies. Not only did the oil price cut, the price of goods and services also dropped in the worldwide economy. When the price of goods and services declined, consumers would like to consume more and purchase more products, because they could pay less to get the same thing as before. And for firms, cheaper inputs lowered the cost of manufacturing goods, which resulted in the increase in the overall profit. What's more, we all know that energy use (oil) is ... Get more on HelpWriting.net ...
  • 33. Gentrification Of Gentrification And Labor Markets Introduction The study of urban spaces, especially with respect to gentrification, has increased dramatically in significance and relevance in the past several decades. With the resurgence of city living's popularity, urban revitalization has occurred in neighborhoods across the United States and brought with it significant economic and social change. Gentrification is known as a process of moving in wealthier residents and thereby increasing property values. From this, many conclude that it constitutes neighborhood revitalization insofar as it improves the economic value of the area. Therefore, a major consequence of this 'revitalization' is that it often displaces low–income residents and small businesses (Zukin, 2010). Though much research and discourse exist to examine the plights of these residents and firms, a frequently overlooked subject is gentrification's ability to displace labor from an economic standpoint. This review will primarily demonstrate that the limited research on gentrification and labor markets has concluded that a relationship between the two does seem to exist. In particular, the literature has shown that gentrification may negatively impact the manufacturing sector of the labor market, which has negative implications for urban economies. The review will also summarize the consensus reached by the scholars in the field, and it will identify the trends observed in their research. Finally, it will assess the gaps in the literature, and seek to find ... Get more on HelpWriting.net ...
  • 34. The Labor Market Of China Introduction The labor market in china has its unique features: cheap labor and huge labor force. These features have attracted many foreign investments and a consequently, the state owned enterprises started to suffer from competition. All these changes forced China to reform is labor relation system. This report aims to analyze the strengths and weakness of labor relation system in china, especially in terms of the strengths and issues in labor market and training. 1Outperformance of labor markets in china 1.1Increasing total employment It is well– known that China has a rapid economic growth over the past three decade. In order to cope with fast changing economy, the China's labor market has experienced a significant transition from central–controlled labor market to more market–oriented labor market. This was primarily due to the growing importance of private enterprises and foreign investments, and the reform of state–owned enterprises (Chan & Peng, 2011). The new market–oriented market has stimulated the total employment from 170.4 million people been employed in 1990 to 293.5 million people in 2007(NBS, 2007). The growth of employment can be attributed to the generally improved employment conditions since the new labor laws introduced more stringent health and safety standards, as well as minimum wages (Allard & Garot, 2010). 1.2Shift in employment Since the China's economic reform period, the labor migration became prevalent increasingly. The labor migration ... Get more on HelpWriting.net ...
  • 35. Labor Market Dualization I will begin by highlighting the two existing categories of scholarship that motivate my research. First, is the literature about the politics of labor market dualization. The other area is the study of immigration attitudes. The existing scholarship on immigration attitudes and labor market dualization is robust. However, there is little literature that combines these two issue areas. This gap in the existing literature informs my own research and has driven me to look at this important connection further. Dualization The first area of literature that is vital to my research is related to the politics of insiders and outsiders. Insiders being workers with strong labor protections and outsiders being workers outside of those protections, ... Show more content on Helpwriting.net ... However, outsiders are more likely to receive higher net social benefit from the welfare state than insiders. Meaning they are more likely to take more in social benefits than they contribute to the welfare state. These benefits include unemployment benefits, relief payments to the poor, social security, and health care payments. Therefore, outsiders could have more to lose if they must split their benefits with incoming immigrants that may receive higher social benefits than they contribute. Governments may also decide to raise taxes to appease net social benefit recipients by keeping their benefits the same. This may cause citizens to protest immigration to avoid a tax increase to pay for incoming immigrants' welfare. Insiders, because they pay more into the system than they receive, may be more likely to oppose immigration on the tax raising grounds. Therefore, the welfare explanations implication on insider–outsider immigration politics can depend on how the government acts. The insider–outsider dilemma also can be tricky for the political party themselves to navigate (Lindvall, Rueda, ... Get more on HelpWriting.net ...
  • 36. The Impact Of Wal Mart On The Labor Market WESTERN ILLINOIS UNIVERSITY A meta–analysis of the impact of Wal–Mart on the labor market A county wise analysis Nachiket Thakkar 05–Dec–14 ABSTRACT: This paper is a meta–analysis of five different papers on the effect of Wal–Mart stores in urban and rural counties of USA. It also tries to find some valuable information about the wage and employment level in those counties and also in the adjacent and non–adjacent counties. Also, the paper discusses about the increase and decrease in the number of small retail stores in the counties where Wal–Mart is having its discount or super store. TABLE OF COTENTS: TOPIC DESCRIPTIONPAGE NO. 1)Introduction 2)Impact of Walmart on Small Businesses 3)Impact of Walmart on local... Show more content on Helpwriting.net ... This eventually forces the local small retailers to go out of business or to move their business where there is no competition from big box retail stores such as Walmart. The employees of the small retail stores, who got unemployed because of the closing of the stores, will be able to find jobs at the newly opened Walmart. But, the data does suggest that the employment do increase in the first year of the opening of Walmart but it starts declining in the subsequent years. Also, the retail space that will be left by the outgoing stores will now be available to other business and industries in which Walmart doesn't compete directly such as automobile dealerships, restaurant business, etc. Also, the employees that will be hired by the newly opened Walmart will be working on an average of 28 hours per week. So, they will be working
  • 37. part–time job where as previously they were able to work full time in small retail stores. Also, there is a lot of criticism that Walmart doesn't pay good wages to its employees and according to some research it comes out to be between $7–8 per hour which is in range of other competing big box retail stores like K–mart, Target, etc. There is also criticism that entry of Walmart in a particular community increases the poverty rate as well. Because, of the closing of the small retail businesses, the unemployed workers will be relying on the government to provide them with the necessary monetary support ... Get more on HelpWriting.net ...
  • 38. The Labor Market Labor economics seeks to understand the functioning and dynamics of the markets for labour. Labor markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labor services (workers), the demands of labour services (employers), and attempts to understand the resulting pattern of wages, employment, and income. There are three main groups of actors or participants in the labour market: individuals, firms (or employers), and the government. Individuals make labour market decisions concerning whether and when to enter the labour force, how much education, training and job search to undertake, what type of work (which occupation and industry), how many hours to work each week (and weeks per ... Show more content on Helpwriting.net ... In the long run, however, it typically becomes easier to replace labour with capital: – in other words, to introduce labour – saving technology so that the demand for labour is likely to be more elastic. The supply of labour, like the supply for other services, merely indicates how much labour workers are willing to offer at various prices. A worker 's supply of labour depends on his or her preferences for two types of "goods": consumption goods and leisure. Consumption goods include all the goods that can be purchased with the income that a worker earns from working. Leisure is the good that workers consume when they are not working. By working more (supplying more labour), a worker reduces his or her consumption of leisure but is able to increase his or her purchases of consumption goods. In choosing between leisure and consumption, the worker may face constraints. These constraints can be seen as factors that may affect their supply of labour. The factors that affect the supply of labour arewage rates, population size, social factors, education requirements and working age. In most cases the supply of labour will increase with the increase in wages. This is because more workers will be attracted by a higher wage rate and moreover the existing workforce may be willing to work overtime at a higher wage rate. The population size affects supply since an increase in population will lead to an increase in the ... Get more on HelpWriting.net ...
  • 39. Cleveland Labor Market Condition Contents: Abstract 4 Introduction5–7 Cleveland History6 Economy6–8 Summary of Cleveland's labor market conditions9–11 Comparison of Cleveland Columbus regional city 12–13 Conclusion14 References15 Abstract: In this article I will write about was and currently is the labor condition in Cleveland, Ohio. Also, I will analyze some of labor market data. Cleveland, Ohio is the second largest city in Ohio State with population of 396815 – census.gov (2010)– people. Introduction: Cleveland, Ohio Public square 1912 Cleveland, Ohio Public square 2017 (Cleveland.com) Cleveland History: Cleveland obtained its name on July 22, 1796 when surveyors of the Connecticut Land ... Show more content on Helpwriting.net ... During and after the recession period the unemployment rate increased and the employment rate decreased. Also, the charts shows that the labor market in Columbus is more promising than Cleveland's. References: Analyst, Contributing Author Senior Research. "Columbus – Growth Continues, but at a Moderate Pace." Clevelandfed. May 25, 2016. Accessed April 17, 2017. https://www.clevelandfed.org/newsroom–and–events/publications/metro–mix/columbus/mm–201605–columbus.aspx. Dealer, Ginger Christ The Plain. "City's decision on buses returning to Public Square stalled." Cleveland.com. November 15, 2016. Accessed April 17, 2017. http://www.cleveland.com/metro/index.ssf/2016/11/citys_decision_on_buses_return.html. Economist, Senior Research Analyst. "Cleveland–Housing Market Up, Labor Market Mixed." Clevelandfed. March 30, 2017. Accessed April 17, 2017.
  • 40. ... Get more on HelpWriting.net ...
  • 41. The Negative Effects Of Globalization On The Labor Market Negative Impact of Globalization on the Labor Market Kseniia Kharchevnykova ILSC Globalization is known to be found almost in all countries all over the world. The definition of globalization is quite easy to understand, it is the process of integration and co–operation between different countries. So, how does globalization influence the labor market? Although there are some benefits of globalization in several areas like culture and business, it has a negative impact on the labor market. Serious consequences of trade liberalization, fast expanding of technology at factories and plants all around the world and growing gap between manufacturing–producing countries and agricultural–producing countries are known to be three major ways globalization affects the labor market. Consequences of trade liberalization are known to be one of the major issues that reflects negative impact on the labor market of the globalization. Unfortunately, these days only high–skilled workers are able to find good jobs with high salaries, while many people lose their jobs, so unemployment in those countries began increasing rapidly. "For example, research reveals that trade liberalization in Mexico in the mid–to–late 1980s led to increased relative wages of high–skilled workers" (Najdeni, 2016, para 4). In addition to this, some experts predicted that there will be great changes in the demand for unskilled workers and growth their salaries. They might have expected ... Get more on HelpWriting.net ...
  • 42. Labor Unions And The Free Market When the labor unions destroyed the free markets, it was a good thing because it gave the working class less working hours and more pay. According to Albert Parsons's testimony in Document B, states that the working class is working for long hours and little pay. Parsons wants the employees to have better working conditions, so less work hours and little pay. This shows that Parsons understands that the working class had poor quality labor conditions and wanted them to improve. Therefore,when the free market was destroyed by the labor unions, it created better working conditions for the working class. When the labor unions destroyed the free markets, it was a good thing because it created change for the working department. According to Samuel ... Get more on HelpWriting.net ...