What is the labor market analysis?
The labor market analysis is an economic study of a dynamic relationship between workers and employers on the regional, national or global labor market. It includes a number of factors ranging from employment to wages, head intake and education level. While governments use the practice of labor market analysis to assess the impact of economic policies, commercial and academic communities are also often used in terms of human resources to find out how well the conditions of benchmark jobs are the conditions of competing companies or employers. The market research is carried out by the department of human resources to determine medium salaries and paying scales for positions as well as other benefits that come with positions such as wages and health care. This data is used as a management management in setting up wage policies to help the company compilacite for the best available employees on the labor market.
in a greater customerRemoving or global scale is the analysis of the labor market a tool in the analysis of the economic industry, which has a direct influence on the gross domestic product (GDP) of nations and international trade. The field is considered as important that the Nobel Prize in Economics in 2010 is awarded to three scientists - Peter A. Diamond, Dale T. Mortenson and Christopher A. Pissarides - for their difficulty in the labor market in time of comparison of available staff in time. It is known that the delay in comparing job seekers with work, even in good economic periods of time, has a direct impact on the housing market and government social programs.
Scientists have spent decades analyzing the main causes for unemployment in their work in the labor market analysis. In government policy in the US, they found annesty of the fiscal initiative of the labor market, so generous unemployment benefits may increase the level of unemployment over time. On the other hand, in European countries there was a more restrictive government policy for businesses in terms of hiring andWorkers' shooting was considered to be a more stable job for those who have a job and much longer unemployment for those who do not have a labor force compared to the US workforce.
businesses often use patterns of strengths and weaknesses, opportunities and threats, or SWOT analysis to explore their competitiveness, and work on the scale details to find ways to compete against opponents. Like economic scientists, they use empirical data in the labor market analysis using wages and employment levels, the results are often simplified and based on an ideal, fictional centralized market where all job seekers and employers meet and pair effortlessly. However, in many parts of the world, such as developing nations and tanzania, although there are accurate data on the causes of unemployment or insufficient employment, public institutions do not exist or are unable to correct the situation on a wide scale.
in medium income countries, such as Brazil and South Africa, is the modernization and improvement of the labor market by the primary means of a national means to be based on poverty. A little known fact of the market segmentation in discussion on global labor market analysis is that in poorer countries the unemployment rate usually has much lower than in richer countries. The obvious reason is that there are many jobs in the developing world including inferior work at very low wages and with poor working conditions. As a result, the labor market analysis is only a small part of the wider national goal for development and medium income. On the way of growth, these nations understand the requirement for basic support in the education of young, ongoing training for employed apparatus and financial incentives for small companies if the country is to map a better life for most of its citizens.