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Factors that influence labour market outcomes

Factors that influence the labour market outcomes


Factors influencing the labour market outcomes are broad and their powers and influence are, in some cases, concurrent. This means they can be considered to influence more than one particular sector and their influences over lap with the influences of another sector.
The most obvious and prominent are the influences of global and national political & economical factors, which are indirect influences. Where as Government legislation and intervention, discrimination in the workplace, and employee & employer Unions are all types of direct influences.

Indirect influences are those that contribute to the labour market as well as other factors. On a global scale, factors that affect the international economy, such as global currency, will eventually affect a particular nation that is financially stra...

Posted by: Melissa T. Littlefield

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