3.5 - Labour Immobility Flashcards
What are the 2 types of labour immmobility?
Occupational
Geographical
What is geographical immobility?
Barriers to people moving between regions to find work
What are the causes of geographical immobility?
Cost of moving
Cost of living
Family
Language barriers
Information failure
Why does labour immobility result in market failure?
Workers unable to supply their labour in order to meet demand
What is occupational immobility?
Barriers to mobility of factors of production between sectors
FOP unemployed or inefficient
What are the causes of occupational immobility?
Skill Gaps
Training Gaps
Experience Gaps
Confidence/Motivation
Discrimination
How do skill gaps cause occupational immobility?
Unemployed workers can’t offer requisite skills
How do training gaps cause occupational immobility?
Unemployed don’t have access to affordable training schemes
Harms employability
How do experience gaps cause occupational immobility?
Unemployed have shite CV’s
Unattractive to employers
How does confidence/motivation cause occupational immobility?
Long term unemployment reduces employment prospects
Skills, confidence + motivation decline