Definition: A labour market is the place where workers and employees interact with each other. In the labour market, employers compete to hire the best, and the workers compete for the best satisfying ...
Economists largely believe the continued low number of weekly jobless claims combined with relatively steady continuing claims reflects a "low hire, low fire" type of labor market. In a note to ...
Citing concerns about the growing monopsony power of employers and imbalance in bargaining power between employers and workers, antitrust enforcers around the globe are increasingly scrutinizing ...
Mahendran Thiruvarangan Reforming Sri Lanka’s education system in ways that cater to global needs appears to be a central focus of the new government. This pronouncement first appeared in the NPP’s ...
Restricting the participation of a proportion of the country’s labor force in the labor market leads to a less competitive labor market that results in an increase in the costs of production. A ...
This paper explores past episodes of technological disruption in the US labor market, with the goal of learning lessons about the likely future impact of artificial intelligence (AI). We measure ...