Labour market flexibility
From The Art and Popular Culture Encyclopedia
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The degree of labour market flexibility is the speed with which labour markets adapt to fluctuations and changes in society, the economy or production.
The most common definition of labour market flexibility has been the neo-liberal definition. This entailed the ease of labour market institutions in enabling labour markets to reach a continuous equilibrium determined by the intersection of the demand and supply curves.
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See also
- Labour law
- Contingent work
- Corporate amnesia
- Employment Protection Legislation
- Flexicurity
- Labour economics
- Occupational licensing
- Precarious work
- Precarity
- Working time
- Flexitime
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