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Market tightness is a measure of the liquidity of a market. [1] ... Labour market tightness is measured as the ratio of job vacancies per unemployed person or ...
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 ...
However, the labour market differs from other markets (like the markets for goods or the financial market) in several ways. In particular, the labour market may act as a non-clearing market. While according to neoclassical theory most markets quickly attain a point of equilibrium without excess supply or demand, this may not be true of the ...
The current state of economic play can be accurately summarized using an artful (at least I’d like to think) paraphrase of Winston Churchill. In 1939, the historic wartime leader famously ...
The labor market will stay tight as shifting demographics keep draining the talent pool, warns multinational recruitment agency CEO. Sander van 't Noordende. Updated August 22, 2024 at 9:36 AM.
A slew of companies — 37.3 percent — have lowered their hiring requirements for temporary workers.
Labor market segmentation is the division of the labor market according to a principle such as occupation, geography and industry. [ 1 ] One type of segmentation is to define groups "with little or no crossover capability", such that members of one segment cannot easily join another segment. [ 2 ]
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