A comprehensive exploration of Active Labour Market Policies (ALMPs) including historical context, types, key events, detailed explanations, models, examples, and importance.
A comprehensive guide to understanding the backward-bending supply curve, its significance, implications, and real-world examples.
An exploration of Baumol's Law, which asserts that the public sector grows as a proportion of the economy over time due to labour intensity and productivity constraints.
The Current Population Survey (CPS) is a critical monthly survey conducted by the Bureau of the Census for the Bureau of Labor Statistics. It provides detailed data on the labour force, including employment, unemployment, and people not in the labour force.
A detailed examination of earnings, encompassing basic pay, overtime, bonuses, historical context, key events, importance, examples, related terms, comparisons, and more.
Understanding the External Labour Market: Concepts, Merits, and Comparisons with Internal Labour Markets.
An implicit contract refers to the understanding between parties regarding acceptable forms of behavior, which are not part of any formal agreement. These contracts often arise in various social situations and are significant in the labor market.
A comprehensive exploration of the industry demand for labour, its determinants, and its impact on the economy.
Human beings as factors of production. The quantity of labour available for an economy consists of all those able and willing to work, including the self-employed, the unemployed, and employed workers.
A comprehensive analysis of the labour force, its historical context, components, key events, mathematical models, importance, applicability, and related terms.
An in-depth exploration of the Labour Force Survey, a quarterly survey providing critical information on the UK labour market, conducted by the Office for National Statistics.
An in-depth examination of the labour market, its components, historical context, and significance in economic systems.
Matching refers to a model of interaction in economics, where the joint productivity or pay-offs depend on the individual characteristics of both sides. This concept is widely applied in labour market studies and propensity score matching.
An in-depth exploration of what it means to be unemployable, including causes, types, historical context, key events, and ways to overcome this status.
The Unemployment Rate represents the percentage of the labor force that is unemployed and actively seeking employment. It is a vital metric for understanding economic conditions.
