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4 Cards in this Set
- Front
- Back
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Segmented labor markets |
-Old economy vs new economy -division between skilled, semi and unskilled labor -union protection: 10-15% of full time work force |
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Reserve pool of labor |
-more qualified workers than quality jobs -displaced labor/workers -de-skilling of workers |
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Capital flight |
(globalization of work force) -cheap labor "sweat shop" jobs -"Walmart" economy -$80 billion a month trade imbalance with the global economy (60 billion per month with China each month) |
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Workplace discrimination |
-sexism: 40% of M.B.A. degrees are earned by women - only 8% of C.E.O. s are women Glass cieling most common reason: children -racial bias: lack of promotions, especially in for profit, private corporations -age discrimination: workers over the age of 40 |
