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Theories of the Labour Market and Employment
A Review
Lewis Abbott
This is a study of theories, research and methods of analysing the labour market and employment.
The labour market is about buying, selling and pricing one-person intermediate economic services. Employment is participation in the labour market on the supply or demand side. Meanwhile, unemployment is an excess of labour supply over demand. The study classifies unemployment into obstructional, developmental and contractional types in preference to the usual frictional, structural and cyclical division.
Various wider socio-cultural, personality and physical-organic environmental factors influence labour markets and employment. In addition, theories need testing against real world empirical facts. Thus, the book supports an integrated social scientific, developmental and comparative approach to studying the subject.
Contents:
1. Theories of the Labour Market & Employment: An Overview
2. The Labour Market & Employment in Modern Society
3. The Nature & Causes of Unemployment
4. The Political & Legal Environment
5. Trade Unions & Wage Determination
6. Educational, Family & Leisure Influences
7. Employment Attitudes, Motives & Behaviour
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