Low Pay and Employment Performance

Greater labour market flexibility is often advocated as the solution to joblessness. Calls to weaken minimum wage provisions, to make out-of-work benefits less generous and to reduce legislative or bargained restrictions on hiring and firing have the common objective of encouraging those without jobs to accept lower wages or less secure conditions of work. Unemployment is particularly high for the least qualified sections of the labour force.

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Year of publication:	1998
Authors:	Glyn, A.
Institutions:	Department of Economics, Oxford University
Subject:	LABOUR MARKET \| WAGES

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Series:	Centre for Economic Performance & Institute of Economics.
Type of publication:	Book / Working Paper
Notes:	13 pages
Classification:	J3 - Wages, Compensation, and Labor Costs ; J2 - Time Allocation; Work Behavior; Employment Determination and Creation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005625853