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World labour Market

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Answered by Rockysingh07

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A world market in labour has been in the making since Christopher Columbus first landed on the shores of Central America in 1492.

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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