TOPIC 3 LABOUR MARKET
Demand and Supply of Labour
Demand for labour by individual firms
- Labour - a derived demand
- Factors affecting demand
- Factors affecting the supply of labour: pay/remuneration, working conditions, human capital, occupational and geographic mobility, participation rate
- Definition of the workforce
- General characteristics of the workforce
Labour market outcomes
Differences in incomes from work
- Wage outcomes by income and occupational groups, age, gender and cultural background
- Trends in distribution of income over time
- Non wage outcomes for different occupations
- Arguments for and against a more equitable distribution of income from work
- Unemployment/underemployment
- Part time work
- Casualisation of work
- Outsourcing
- Contractors
- Sub contracting
Labour market institutions
- Unions
- Employer associations
- Current employment/industrial structures