Economy, asked by yuvi789, 1 year ago

analyse why the mobility of labour increse over time?

Answers

Answered by NightFury
4

The mobility of labour refers to how easily workers can move to different jobs within the economy. The two main factors of labour mobility are:

Geographical mobility – how easy is it for a worker to move between different regions and countries to seek new work.

Occupational mobility – how easy is it for a worker to move from one occupation to another.

We can also distinguish between an individual’s labour mobility and overall labour mobility for an economy.

Personal labour mobility – each individual will have his own unique set of labour mobility. Some individuals may have very strong ties, which keep them looking after a relative in their home town. Other workers may have tremendous initiative and enthusiasm for learning new skills, which enables them to find work in emerging technologies. Young workers will tend to have greater mobility than older workers.

National labour mobility. National labour mobility is an aggregate of all the individual labour mobility. It will be determined by factors, such as national education, skills and labour market regulations.

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