ILO:
a) Factors that influence the supply of labour to a particular occupation
b) Market failure in labour markets: the geographical and occupational mobility and immobility of labour
a) Factors that influence the supply of labour to a particular occupation
b) Market failure in labour markets: the geographical and occupational mobility and immobility of labour
Supply of Labour
Draw a diagram that represents what you'd expect the supply of labour curve to look like.
Explain the reason behind the relationship between quantity of labour and wages earned.
Explain the reason behind the relationship between quantity of labour and wages earned.
Factors shift supply of labour:
> Changes in migration > Income tax - countries > Benefits - universal credit |
> Social trends - BBC youth career aspirations > Required skills and qualifications - skill shortage > Presence of trade unions - Days lost due to labour disputes |
Examine two factors that'll influence the supply of labour. (8 marks)
How To Retire At 40 By Super Saving
|
Post-Brexit: Businesses hit by labour shortages call for Brexit rules to be relaxed
|
Revision videos
Labour Supply I A Level and IB Economics
|
Trade Unions in the UK - start video 2:25
|
Geographical immobility & MF
Explain a cause of geographical immobility. (5 marks)
Blackpool: a forgotten town
|
Assess how effective HS2 will be in reducing geographical immobility. (10 marks)
HS2: Joining up Britain
|
Occupational immobility & MF
Explain why occupational immobility leads to MF.
(5 marks)
A history of British steel-making in the North East | ITV News
|
Assess how effective the UK apprenticeship scheme will be in reducing occupational immobility. (10 marks)
Apprenticeship Levy is 'just another tax' on UK businesses
|
Immobility revision
Occupational Immobility
|
Geographical Immobility
|
Tackling Labour Immobility - Analysis and Evaluation Paragraphs
|
WES
Examine two factors that influence the WES of a brain surgeon. (8 marks)
How to become Neurosurgeon - UK edition
|
Revision video for WES:
Elasticity of the Labour Supply Curve
|
Related articles:
How long would it take you to earn a top footballer’s salary?
Skill shortages 2020
How long would it take you to earn a top footballer’s salary?
Skill shortages 2020