Search results
Results from the WOW.Com Content Network
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 concept of a global care chain is usually referenced in studies of development, including the United Nations Development Program, which explains that this type of labor is important for the economic development of a country. [1] Care-intensive labor often falls on women due to gender-stereotypes.
July 1990 marked the end of what was at the time the longest peacetime economic expansion in U.S. history. [2] [5] Prior to the onset of the early 1990s recession, the nation enjoyed robust job growth and a declining unemployment rate. The Labor Department estimates that as a result of the recession, the economy shed 1.623 million jobs or 1.3% ...
Some economists and sociologists have criticized Rifkin for being one of the major contributors to the "end of work" discourse and literature of the 1990s. Autonomist political philosopher George Caffentzis concluded that Rifkin's argument is flawed because it is based on a technological determinism that does not take into account the dynamics of employment and technological change in the ...
Active labour market policies are based on the concept of social investment, which rests on the idea of basing decision-making on the welfare of society in quantifiable terms, by increasing the employability, incomes and productivity of economic agents, so this approach interprets state expenditure not as consumption but as an investment that will produce returns on the welfare of individuals.
Illustration of Industry 4.0, showing the four "industrial revolutions" with a brief English description. Industrial sociology, until recently a crucial research area within the field of sociology of work, examines "the direction and implications of trends in technological change, globalization, labour markets, work organization, managerial practices and employment relations" to "the extent to ...
Michael Bury's Health and Illness in a changing society is published. [93] Stuart Hall's (ed.) Representation: Cultural Representations and Signifying Process is published. [94] Niklas Luhmann's Die Gesellschaft der Gesellschaft (translated as Theory of Society) is published and wins the European Amalfi Prize for Sociology and Social Sciences. [95]
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 ]