The “dual labor market” theory paints a picture of two very different job markets in terms of stability, pay, and mobility. by Sabri Ben-Achour and Alex Schroeder. Listen Now.

The Labor Market in Macroeconomic Theory Wage growth lagging productivity growth indicates that the supply of labor has outpaced demand, according to macroeconomic theory.

“Monetary Expressions of Labor Time and Market Prices: Theory and Evidence from China, Japan and Korea.” Review of Political Economy 29 (1): 111-132. Turing, A. 1937. “On Computable Numbers, with an ...

In theory, flexible labour markets should make our economies more productive, and all of us richer, by making it easier for people to do the work the economy needs, and to stop doing the work it ...

The theory posits that in a tight labor market—wherein the economy is close to full employment—employers are less likely to discriminate, allowing people traditionally on the margins of the ...

Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process.

This article looks at the substantial literature that has emerged in recent times on the impact of globalisation, reform and deregulation on the informal labour market, in terms of theory and ...

The problems of the Gulf labour market become more acute with rapid population growth, which is at one of the highest levels in the world in the GCC.