Th3.5: Immobility Flashcards

1
Q

What can labour suffer from?

A

either occupational or geographical immobility

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2
Q

Occupational mobility

A

where workers find it difficult to move from one job to another because of a lack of transferable skills. it is particularly difficult in the short term when workers need to get new training but in the long run it may only be possible at a high cost

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3
Q

Geographical immobility

A

where they find it difficult to move from one place to another due to the cost of movement, family e.t.c. housing is also a big issue because people may not be able to afford to buy a new house - in general, those on lower incomes are more geographically immobile

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4
Q

Immobility can result in excess what?

A

immobility can mean that there can be excess supply of labour in one area/occupation and excess demand in another

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5
Q

Even if wages are higher where there is excess demand…

A

people will be unable to leave where there is excess supply to get a job in that area/occupation because of their immobility

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