3.5 - Labour Immobility Flashcards

1
Q

What are the 2 types of labour immmobility?

A

Occupational
Geographical

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2
Q

What is geographical immobility?

A

Barriers to people moving between regions to find work

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3
Q

What are the causes of geographical immobility?

A

Cost of moving
Cost of living
Family
Language barriers
Information failure

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4
Q

Why does labour immobility result in market failure?

A

Workers unable to supply their labour in order to meet demand

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5
Q

What is occupational immobility?

A

Barriers to mobility of factors of production between sectors
FOP unemployed or inefficient

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6
Q

What are the causes of occupational immobility?

A

Skill Gaps
Training Gaps
Experience Gaps
Confidence/Motivation
Discrimination

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7
Q

How do skill gaps cause occupational immobility?

A

Unemployed workers can’t offer requisite skills

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8
Q

How do training gaps cause occupational immobility?

A

Unemployed don’t have access to affordable training schemes
Harms employability

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9
Q

How do experience gaps cause occupational immobility?

A

Unemployed have shite CV’s
Unattractive to employers

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10
Q

How does confidence/motivation cause occupational immobility?

A

Long term unemployment reduces employment prospects
Skills, confidence + motivation decline

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