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High market tightness indicates relatively low liquidity and high transaction costs, whereas low market tightness indicates high liquidity and low transaction costs. [2] For example, during the dotcom bubble , information technology companies were very difficult and expensive to buy a part of, through stock, loan, or other methods, due to the ...
External numerical flexibility is the adjustment of the labour intake, or the number of workers from the external market. This can be achieved by employing workers on temporary work or fixed-term contracts or through relaxed hiring and firing regulations or in other words relaxation of employment protection legislation, where employers can hire and fire permanent employees according to the ...
"The market has taken rate hikes down off the table for this year, but for how long if the labor market remains tight." Job openings, a measure of labor demand, were up 56,000 to 9.553 million on ...
The labor market is steadily rebalancing in the wake of 525 basis points worth of rate hikes from the U.S. central bank since March 2022 to cool demand in the overall economy.
She said the current 4.3% unemployment rate is "certainly well within" the Fed's 5% target, and that any recent weakening is merely a return to normal after years of very tight labor market ...
The labour market in macroeconomic theory shows that the supply of labour exceeds demand, which has been proven by salary growth that lags productivity growth. When labour supply exceeds demand, salary faces downward pressure due to an employer's ability to pick from a labour pool that exceeds the jobs pool.
Some economists argue that the current tight labor market and lingering resentment from the pandemic have given workers the power and motivation to wrest back control of their professional lives ...
The tight labor market during the Korean War prevented Empire from obtaining all the workers it wanted, but the outlook was grim for the union. Surprisingly, as Local 890's position seemed ready to collapse, Empire agreed to participate in a new bargaining session in response to a request from Local 890 for arbitration by the Conciliation Service.