June 2021
Intermediate to advanced
416 pages
16h 16m
English
Content preview from Work and Employment in a Changing Business Environment
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Labour markets
In Chapter 5 we looked at the economic context in which organisations operate, noting that the market, competition and the forces of supply and demand are central. In this chapter we are going to move on to look at markets for labour and at broad labour market trends. We will start by focusing on individual labour markets that operate locally in particular areas or industries. We will then go on in the second part of this chapter to look at the dynamics of the UK labour market generally from a national perspective, exploring the long-term trends and discussing what these may mean for the future of work and employment if they continue.
Labour markets, like any other kind of market, operate according to the interaction of supply ...
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