Labor Economics Essay Examples

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A Look at Trade Unions and Their Purpose (1030 words, 5 pages)
Unions and its PurposeTrade union or also called Labour union is an association of labourers in a particulartrade, industry, or plant, formed to obtain by collective action improvements in pay,working conditions, and social and political status. Even with more workplaceagreements in force in our modern Australian environment, unions are stilled ... Read More
Socio-Economic Conditions in North America Contributed to the Need for Dual Incomes (1747 words, 9 pages)
Socio-economic conditions in North America have contributed to the need for dual incomes for families. Economically, "the number of two parent families below the poverty line would increase to anestimated 78 if they were to become single income families." (Ontario Women's Directorate 9) Socially, it was the norm, in the ... Read More
A Summary on the Costs of Unemployment (397 words, 2 pages)
Some people believe that recessions are neither good nor bad but simply part of the natural survival of the fittest in the business world. Actually, it is not true. In The Costs of Unemployment, the authors tell us both the good and bad influences of recessions. Recessions will cause unemployment ... Read More
An Informative Paper on The Reasons Behind the Increasing Unemployment Rate (421 words, 3 pages)
Unemployment By getting the proper education and applying for a job, our unemploymenthas a good chance of decreasing a fair amount. Unemployment is a big issue since some people seem to think that they canstay unemployed and on welfare for their whole life and get a fair amount ofmoney from ... Read More
The Increase in Both Structural and Cyclical Employment Due to Economic Underdevelopment (579 words, 2 pages)
76.3 of all men were employed (82.6 of women), 4.3 were employers (1.7), 4.9 were self- employed (2.5), 3.4 worked in family owned businesses (7.5), 10.8 of all men worked in agriculture (and 5.6 of women). Men made up 62.3 of the employed (women 37.7), 82.2 of all employers (17.8), ... Read More
An Analysis of the Contributions to the 401(k) Plan in the United States (808 words, 2 pages)
401(k) PlansThere are many economic issues facing the nation today. While some are extremely important in determining how the economy is balanced, others are not. Although this is true, that does not necessarily make these lesser important issues obsolete. Take, for example, the recent issue of corporate leaders matching contributors ... Read More
An Analysis of the National Unemployment Rates in Canada (3181 words, 5 pages)
For decades prior to the 1981-82 recession, the national unemployment rates of Canada and the United States had been nearly identical. Since then, a persistent "unemployment rate gap" has emerged. Throughout most of the 1980s, Canada's unemployment rate has consistently been about 2 percentage points higher than in the United ... Read More
An Analysis of the Increase of the Minimum Wage in the American Economic Association (829 words, 2 pages)
It sounds simple raise the minimum wage, reward hard work, and strike a blow against the society's inequalities. It's an emotional argument that blurs out the truth and make's people forget one important economic lesson There's no such thing as a free lunch. The minimum wage has not been increased ... Read More
An Introduction to the Importance of Unions; Groups of Working People Who Join to Talk to Employers (2476 words, 3 pages)
WHY UNIONS? P.1 "Unions are groups of working people who join to talk to employers about wages and conditions of work instead of workers talking to employers on an individual basis."1 Because they speak for everybody, unions can get a better deal for each worker than one employee could by ... Read More
An Analysis of the Unemployment Rate and the Effect on the Economy as a Whole (1546 words, 2 pages)
Inflation and unemployment both have a relative negative impact on the economy as a whole, if either factor is high. The costs can be further highlighted if unemployment or inflation are inaccurately forecast or anticipated. Both issues also have a negative impact on economic growth.Unemployment is the existence of a ... Read More
Circumstances That an Employee Can Claim Redundancy Payment (1783 words, 2 pages)
In order to claim a redundancy payment an employee must first establish that he has been dismissed and second that the dismissal is for reasons of redundancy. This will encompass all aspects of the decision, therefore it brings in contractual issues in relation to the dismissal as well as in ... Read More
An Analysis of the Ratio of Elderly to Working-Age Adults (1123 words, 2 pages)
The ratio of elderly to working-age adults is more than a number. It is also the fuel for political debate over federal entitlement programs for the elderly and a key to understanding consumer demand in any market. Nationally, the ratio will begin to grow rapidly when the oldest baby boomers ... Read More
A Study on the Effects of the Difference of Income Ratio Had on the Productivity Growth Between the Years 1980 and 1990 (762 words, 1 pages)
Business Productivity Growth HypothesisIn this assignment, we will attempt to study the effects that difference in Income Ratio (henceforth known as I.R.) between the years 1980 and 1990 have on the Productivity Growth (P.G.) during the same period of time.The Income Ratio of one specific year can be found if ... Read More
The Definition of Union and Its Relation to the Economy (2474 words, 4 pages)
P.1 "Unions are groups of working people who join to talk to employers about wages and conditions of work instead of workers talking to employers on an individual basis."1 Because they speak for everybody, unions can get a better deal for each worker than one employee could by negotiating with ... Read More
The Basic Assumptions of Labour Demand and Its Effects on Organization's Operations (749 words, 1 pages)
In light of the limits that have been placed on this answer I will only focus my comments on the demand for labor and on the other hand the supply of labor. First the demand for labor. This is to me by far the most interesting aspect of the course. ... Read More
A Discussion of the Relevance of Trade Unions in Modern World (1498 words, 3 pages)
Trade Unions - a future?A trade union is an independant self-regulating organization of workers created to protect and advance the interests of its members through collective action. Over recent years, it has become fashionable in many quarters to write off Britains trade unions, to label them as obsolete institutions out ... Read More
A Review of the Unemployment Statistics in the United States and Other Developed Countries s (3248 words, 5 pages)
In compiling unemployment statistics for the United States and other developed countries an unemployed person is defined as anyone who is capable of working and is actively seeking work but is unable to find a job.1Before a person can be unemployed in this sense he must be an active member ... Read More
A Reaction Paper Based on the Article Labor Economics and Labor Relations by Loyd Reynolds, Stanley Masters, and Colletta Moser (688 words, 1 pages)
John KerringtonEconomics 330Reaction Paper 3Reaction Paper 3 is based on the Article, Labor Economics and Labor Relations, by Loyd Reynolds, Stanley Masters, Colletta Moser.This article offers a number of economical viewpoints, which although justifiable and scientifically proven, are still subject to debate. The first disagreeable point made by the authors ... Read More
The History of Labor Unions in the US Economy (755 words, 2 pages)
Labor UnionsA labor union is as defined in the dictionary, an organization of wage earners formed for the purpose of serving the members' interests with respect to wages and working conditions. Today there are about 16 million workers in the U.S. that belong to a labor union. The pressure upon ... Read More
An Overview of the Classical Model of the Economy (1167 words, 2 pages)
The Classical model of the economy says that all markets always clear. The labor market failing to clear does not exist in the Classical model because of competitive exchange equilibrium in which prices and quantities always adjust perfectly. The Classical model is of a closed economy and the variables are ... Read More
Examining the Bahaviour of Labor Markets and Why There Are Huge Income Gaps (1047 words, 3 pages)
LaborIf were going to explain why some people earn a great deal of income while others earn very little, we must consider both the supply and the demand for labor. We usually ask ourselves why does the average college graduate earn over 40,000 while the average high school graduate earn ... Read More
An Introduction to the Stake of Labor in the World Trade Organization (3417 words, 6 pages)
Stake of Labor in the WTOSeven years of trade negotiations at last gave birth to the World Trade Organization (WTO) in 1995, the U.S. labor movement was one of its leading skeptics. A world trade organization, labor supporters argued, would only accelerate the headlong rush to laissez-faire by dismantling national ... Read More
An Introduction to the Labour Theory of Value and the Marginal Theory of Value (7038 words, 12 pages)
OverviewOne of the enduring questions of economics is "Where do profits come from?" One of the ways in which economic philosophers have tried to answer it is by first answering the question of value. At the center of most economic paradigms is a Theory of Value. The classical political economists ... Read More
Proposed Solutions for the Customer Perception and Unionized Labor Problems That Will Face Canada Post Corporation (2312 words, 6 pages)
Executive SummaryCanada Post Corporation will face many difficulties in the future stemming from two present concerns Customer Perception- Customer perception is fairly negative and is either associated with problems evident in the past or those associated with the United States Postal Service. Unionized Labour- Unions are a constant problem for ... Read More
Understanding the Three Important Formal Organizations Between Late Nineteenth and Early Twentieth Century (1960 words, 3 pages)
Michael Paul 099 66 3949 History 316z Trade unionism, industrial unionism, and socialism were the main forms of organized labor in the late nineteenth century early twentieth century, yet rarely did these shifting currents flow in complementary ways that might appeal to the vast majority of struggling workers. The three ... Read More
An Analysis of the Foundation of the American Federation of Labor (AFL) (604 words, 1 pages)
Since the foundation of the American Federation of Labor(AFL) in 1886, most unions in the United States have displayed a pragmatic out look, largely compatible with that of business. The general purpose of unions has been to protect and advance the well being of workers, while that of business has ... Read More
An Overview of the Cash Balance Pension Plan in the United States (407 words, 1 pages)
Cash Balance Pension Plan In corporate America, the majority of workers have been introduced to pension plans. A pension plan can be defined as a payment, not wages, made regularly to a person (or family) who has fulfilled certain conditions of service and reached a certain age.A new retirement plan ... Read More
The Objectives of Collective Bargaining Agreements in the Labor Market (1661 words, 3 pages)
Collective Bargaining Agreements A collective bargaining agreement collectively sets the terms on which an employer offers individual work contracts to each of its employees in the bargaining unit. A bargaining agreement, also herein referred to as a labour agreement, is a legally enforceable written commitment, which states the rights and ... Read More
A Discussion of the Critical Issue Affecting Business in Our Economy Today (801 words, 1 pages)
The following memorandum written by a director of a security and safety consulting service discusses a critical issue effecting business in our economy today, that of employee theft. "Our research indicated that, over past six years, no incident of employee theft have been reported within ten of the companies that ... Read More
An Analysis of Adam Smith's the Division of Labor Theory (337 words, 1 pages)
Adam Smith, (1776), of the division of labor According to Adam Smith, economic growth is rooted in the increasing division of labor and the specialization of the labor force by the breaking down of large jobs into many little ones. Under this regime, each worker becomes an expert in one ... Read More
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