Labour Economics Basics Quiz

Labour Market = The relationship between expected employers and employees National Labour Market = Where most job searches take place at a local level Local Labour Market = Exists only when there are few employers and employees Concept of Labour Market = Meant to describe the relationship between participants in the labour market

سوق العمل = Labour Market سوق العمل الوطني = National Labour Market سوق العمل المحلي = Local Labour Market مفهوم سوق العمل = Concept of Labour Market

College professors = National Labour Market Top management positions in large company = National Labour Market Highly specialized technical roles = Local Labour Market Entry-level positions in small businesses = Local Labour Market

<p>Labour Market is not physical, it is a concept meant to describe = the relationship between the participants in the Labour Market The concept of Labour Market is meant to describe the relationship between = expected employers and the expected employees Most job search takes place at a local level in a national labour market for positions such as = College professors and top management positions in large company The Local Labour Market exists only when there are few employers and employees, such as for = Highly specialized technical roles and entry-level positions in small businesses</p> Signup and view all the answers

<p>Describes the relationship between expected employers and employees = Concept of Labour Market Where most job searches take place at a local level = National Labour Market Exists only when there are few employers and employees = Local Labour Market Meant to describe the relationship between participants in the labour market = Labour Market</p> Signup and view all the answers