Labour market flexibility

The documentary film We Are Not Beggars depicts the life of several children as street performers in a modern Chinese city, Chengdun in 1995. Nana and her siblings, the oldest is 14 and the youngest is 7 years old, have been wandering the country as street performers for four years to earn money. As Nana’s brother, Sihai said that their family is really poor and their mother is sick. Moreover, Nana’s mother has mentioned that there are seven children in their family despite the Single Child…

Throughout the nineteenth and twentieth centuries, women and children alike fought for equal rights and pay. Both groups, ironically, worked in the most horrific, unimaginable working conditions known to man. Women like Florence Kelley, would not stand for the horrendous conditions society placed in front of them. However, the fight against detrimental working conditions was a difficult battle to overcome. Kelly's campaign speech united women to fight for themselves and children when battling…

Imagine a community where children are seen picking shrimp and cotton in fields. Their entire bodies are covered with bruises and scratches from working. Trying to fight back tears, their eyes flutter trying to stay open and their faces ache with excruciating pain. These children are working for pay as low as a few cents a day and only a few hours of sleep, if any. This is the world of child labor. In the past, children involved in child labor often died because of the working conditions, which…

decision making body like the Labour Court to hear personal complaints and dispute between employee, unions and employer in 1987 to 1991. The Industrial Relation Act was replaced with voluntary arbitration means that unions and employers able to settle issues with minimum involvement of the court or third parties (Deeks, 1990). The new act required “registered unions have a minimum of 1000 members to process arbitrary award system”. Overall the new ideology and labour law is being led by Prime…

Commission 2017). However, according to the Australian Bureau of Statistics census data, almost one in five households 17% have weekly household incomes of less than A$649. That is more than 72,000 households living on $649 or less per week in a housing market where average weekly rents for apartments in Sydney are $550. Due to rising property and power prices and record low wage growth, underpaid workers cannot afford to purchase or rent a home in the city. When employers pay below minimum…

As mentioned earlier, I would not want to work for a company with little flexibility. Wayne had discussed that he was able to conduct interviews on a casual level, which allowed him to see the person more authentically. With the current company I am employed with, I had to go through four different interview processes in order to…

Having a sound income and a stable job is crucial and essential for humankind in order to survive in this world. Most people in New Zealand earn proper incomes, have decent jobs and are able to live their lives comfortably. However, what most people do not realize is that the number of poor and precariats are increasing, which is why it is important to look at this issue in more depth and to understand why precarity exists. With the help of Guy Standing and his books, we can further examine and…

occurring within those industries. If England were to have an equally efficient and accurate search engine akin to Google, Google would likely limits its push of search into the English market. Rather, Google, and firms in a similar situation, look for markets that lack established rivals and allow easier entry into the market. This similarly ties in with threats to new entrants. Countries that have high barriers to entry, be it well-established firms/rivals, high tariffs on imports/exports,…

implement more hostile pricing, and dedicate more resources to technology, marketing, fulfilment, and infrastructure Competition may increase as Amazon’s competitors enter into business arrangements or associations and established companies in other market sectors increase to become competitive. Also, new and improved technologies, including search, digital content and electronic devices, web and infrastructure computing services, may increase competition. The Internet quickens competitive entry…

Supply, Demand, and Market Prices are very key to the Economics world. The two, Supply and Demand, impact each other and impact prices of services within an economy and as well as consumer goods. Supply is the amount of a good or service that is obtainable at a certain time to consumers. When we talk about consumers, they reveal attention in buying a good or service, exhaust available supply, the when that happens the demand will certainly rise. Demand is a calculation of consumer wants and…