Explain the odea of world labour market
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Definition: A labour market is the place where workers and employees interact with each other. In the labour market, employers compete to hire the best, and the workers compete for the best satisfying job. ... The supply and demand of labour in the market is influenced by changes in the bargaining power.
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Answer:
A labour market is the place where workers and employees interact with each other . In the labour market , employers compete to hire the best and the workers compete for the best satisfying job. .......
Explanation:
The supply and demand of labour in the market is influenced by changes in the bargaining power.
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