external labour-market


Dictionary of sociology. 2013.

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  • external labour market — UK US UK (US external labor market) noun [C] ► HR, WORKPLACE the system by which a company looks outside its own organization to find a suitable person for a senior job, instead of giving the job to someone who is already working for the company… …   Financial and business terms

  • labour market — ➔ market1 * * *    The market for jobs workers searching for work and employers offering work. * * * labour market UK US UK (US labor market) noun [C] ECONOMICS, HR ► the supply of people in a particular country or area who are able and willing… …   Financial and business terms

  • labour-market segmentation — In essence, neo classical economic theory sees a market for labour, with buyers and sellers in open competition with each other, which functions in broadly the same way as other markets. There are differences of course. It is recognized that… …   Dictionary of sociology

  • Labour market flexibility — refers to the speed with which labour markets adapt to fluctuations and changes in society, the economy or production.DefinitionIn the past, the most common definition of labour market flexibility was the neo liberal definition. This entailed the …   Wikipedia

  • internal labour market — UK US UK (US internal labor market) noun [C] (ABBREVIATION ILM) ► HR, WORKPLACE the system by which a company looks inside its own organization to find a suitable person for a senior job, instead of giving the job to someone from outside the… …   Financial and business terms

  • Labour law — concerns the inequality of bargaining power between employers and workers. Labour law (also called labor law or employment law) is the body of laws, administrative rulings, and precedents which address the legal rights of, and restrictions on,… …   Wikipedia

  • Labour economics — seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour… …   Wikipedia

  • Labour power — (in German: Arbeitskraft , or labour force) is a crucial concept used by Karl Marx in his critique of capitalist political economy. He regarded labour power as the most important of the productive forces. Under capitalism, according to Marx, the… …   Wikipedia

  • labour economics — Study of how workers are allocated among jobs, how their rates of pay are determined, and how their efficiency is affected by various factors. The labour force of a country includes all those who work for gain in any capacity as well as those who …   Universalium

  • Labour Party (UK) — Labour Party …   Wikipedia

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