Labour Market Flashcards
Brexit and Deregulation
- further deregulation of employee rights
e. g. holiday rights, redundancy, part-time workers, equality act
Employment Impact - COVID
- service sector facing hardest impact
- temporary contracts, zero hours
- increased levels of inequality and poverty
Diversity Management
Valuing everyone as an individual employee and customers, valuing differences through good people management practices
Fordism
Low skilled, repetitive work in high controlled, low-trust organisations, leading to mass production
Post-fordism
Flexible, technology based, high-trust systems drawing on skilled workers expertise.
McDonaldization
Tasks--->Smaller tasks ONE efficient way Predictable outcome Calculability Control
Emotional Labour
Expected to display certain emotions to promote organisational goals
Labour Market
Mechanism through which labour supply meets labour demand
Reich et al 1973
’ Different groups operate in different labour markets that have different working conditions, opportunities for promotion, wages and different labour market insitutions.
Working-age population
- 16-64
- Employed
- Unemployed
- Residual, ‘economically inactive’
Unemployed
- seeking work for past 4 weeks and ready to work
- ## Unemployed /Labour force (employed &unemployed)
Employment Rate
- 1hr+ work a week
- Employed / Working age population