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Economics
Theme 3
Issues in the Labour Market
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Cards (65)
What are the potential strategies for increasing geographic mobility of labor?
Improve
transportation infrastructure
Provide relocation assistance
Enhance job matching services
Offer training programs for
skills development
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What are the reasons for occupational immobility of labor?
Lack of
transferable skills
Geographic constraints
Personal circumstances (family, health)
Economic conditions in
specific sectors
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How might the government address skill shortages in the labor market?
By investing in
education
and
training programs
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What are the consequences of skill shortages in the labor market?
They can lead to decreased
productivity
and
economic growth
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What is a potential disadvantage of zero-hour contracts?
They can lead to
income instability
for workers
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What are the benefits of zero-hour contracts for employers?
Flexibility in
workforce management
Reduced
labor costs
during low demand
Ability to quickly respond to changing needs
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What are the implications of immigration on employment levels?
It can increase competition for jobs
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Why might public sector employees earn less than private sector employees?
Due to
budget constraints
and
funding limitations
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What is one reason for increasing the school leaving age?
To improve
educational attainment
and
skills
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What are the potential benefits of raising the school leaving age?
Higher educational qualifications
Better job prospects for
young people
Increased
productivity
in the economy
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What are the challenges of raising the school leaving age?
It may require
additional funding
and resources
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How does temporary or flexible work impact workers?
It can provide flexibility but also
insecurity
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What is one potential benefit of immigration for the economy?
It can fill
labor shortages
in key sectors
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Why might employers prefer temporary contracts?
They allow for
cost savings
and flexibility
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What are the implications of a declining birth rate on the labor market?
It may lead to
labor shortages
in the future
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How can education and training impact employment opportunities?
They enhance
skills
and
employability
of individuals
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What is one reason for the increase in time spent on education?
To improve
job prospects
and skills
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What does the term "skill shortages" refer to?
Insufficient
qualified
workers for
available
jobs
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How does immigration affect the labor market?
It can increase
competition
and diversity
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What are the potential consequences of skill shortages?
Decreased
productivity
and
economic growth
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What is one reason for the rise in temporary contracts?
Employers seek flexibility in
workforce management
View source
How might zero-hour contracts impact workers' income?
They can lead to
unpredictable
income levels
View source
What are the implications of a flexible labor market?
It can enhance
economic adaptability
and growth
View source
Why might public sector employees earn less than private sector employees?
Due to
budget constraints
and
funding limitations
View source
What is one reason for increasing the school leaving age?
To improve
educational attainment
and
skills
View source
What are the potential benefits of raising the school leaving age?
Higher
educational qualifications
Better job prospects for young people
Increased productivity in the economy
View source
What are the challenges of raising the school leaving age?
It may require
additional funding
and resources
View source
How does temporary or flexible work impact workers?
It can provide flexibility but also
insecurity
View source
What is one potential benefit of immigration for the economy?
It can fill
labor shortages
in key
sectors
View source
Why might employers prefer temporary contracts?
They allow for
cost savings
and
flexibility
View source
What are the implications of a declining birth rate on the labor market?
It may lead to
labor shortages
in the future
View source
How can education and training impact employment opportunities?
They enhance
skills
and
employability
of individuals
View source
What is one reason for the increase in time spent on education?
To improve
job prospects
and skills
View source
What does the term "skill shortages" refer to?
Insufficient qualified workers for
available
jobs
View source
How does immigration affect the labor market?
It can increase
competition
and diversity
View source
What are the potential consequences of skill shortages?
Decreased
productivity
and
economic growth
View source
What is one reason for the rise in temporary contracts?
Employers seek flexibility in
workforce management
View source
How might zero-hour contracts impact workers' income?
They can lead to
unpredictable
income levels
View source
What are the implications of a flexible labor market?
It can enhance
economic adaptability
and growth
View source
Why might public sector employees earn less than private sector employees?
Due to budget
constraints
and funding
limitations
View source
See all 65 cards