Chapter 3
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Chapter 3. Labour Market. NEED FOR LABOUR Company’s perspective. Right number and kind of workers Perform tasks in various departments. NEED FOR LABOUR Union’s perspective. Fair reward for worker Job security Safety at workplace. Profile of Labour Force. LFPR Unemployment rate

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Chapter 3

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Chapter 3

Chapter 3

Labour Market


Need for labour company s perspective

NEED FOR LABOURCompany’s perspective

  • Right number and kind of workers

  • Perform tasks in various departments


Need for labour union s perspective

NEED FOR LABOUR Union’s perspective

  • Fair reward for worker

  • Job security

  • Safety at workplace


Profile of labour force

Profile of Labour Force

  • LFPR

  • Unemployment rate

  • Ageing workforce

  • mid-career workers

  • BERI’s ranking


Problems in labour market

Problems in Labour Market

  • Preferred type of work

  • Preferred location

  • Reluctant to work abroad

  • Dependence on foreign workers


Population trends

Population Trends

  • Ageing

  • Better education

  • Smaller families

  • Need to attract talents


Education profile more degree holders

Education ProfileMore Degree Holders


Beri 2002 labour force evaluation measure

BERI 2002 Labour Force Evaluation Measure


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