Supply of labour pt2 Flashcards
Causes of occupational immobility
-Skills gaps
-Training gaps
-Experience gaps
-Confidence and motivation
Skill gaps
New jobs may require different skills from those that unemployed workers can currently offer.
Training gaps
Unemployed workers may not have access to affordable training schemes to improve employability
Experience gaps
The long term structurally unemployed oftem have gaps in their CV that makes them less attractive to employers
Confidence and motivation
Long unemployment causes a decline in skill and so does confidence and motivation
Causes of Geographical immobility
-Housing costs
-Family and social ties
-Educational institutions
-Cost of living
-Visa restrictions
Housing costs
Workers may be hesitant to move to areas with expansive housing even if the job is abundant
Family and social ties
Moving awa from friends and family can be emotionally challenging and may deter individuals from seeking employment in other regions.
Educational institutions
Access to quality educational institutions can influence decisions about moving
Cost of living
High cost of living, including transportation, healthcare and more, can discourage individuals from relocating to areas with a higher cost of living.