"Labour economics" Essays and Research Papers

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    “The Labour Party is the party of devolution.” Is this a reasonable statement to make? Devolution is defined as “the transfer of power to a lower level‚ especially by central government to local or regional administrations” (oxforddictionaries.com). It can also be defined as “the transfer of power from a superior sovereign to a subordinate parliament or assembly.” (Tonge 2010). Within a devolved state‚ the sovereign power retains the technical power to suspend the devolved government. Since Labour

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    Labour Reforms 1945-1951

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    How far did the post-war Labour Government meet the welfare needs of the British people between 1945-1951? When the war ended in 1945‚ the Labour Government‚ led by Clement Atlee‚ were faced with tackling numerous problems that existed in Britain. Their aim was to meet the welfare needs of the British people who‚ during the war‚ got used to support provided by the government. In 1942‚ a Civil Servant and an experienced worker on social welfare named William Beveridge constructed a report which

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    What is the meaning of pros??? In theory‚ labour unions are a brilliant way to balance the power between employers and employees. ... Pro: Unions have the power to negotiate higher wages‚ improved benefits and better working conditions for their members The Pros of Labor Unions 1. They protect the interests of employees. Organizations like labor unions aim to ensure that workers are given fair compensation for their work. Employees who are members of a labor union are given the voice and support

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    Economics Demand of Labour

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    demand less labor and will reduce its work force. http://www.s-cool.co.uk/a-level/economics/labour-markets/revise-it/the-demand-for-labour Wages   The term ’wage’ has been defined as a sum of money paid under contract by an employer to a worker for services rendered.  A wage payment is essentially a price paid for a particular commodity‚ viz.‚ labour services.  According to the classical wage theory‚ labour

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    Theory of Labour Demand The standard models of labour demand in economics refer to the neoclassical marginal productivity theory of demand. According to this model‚ there are several simplifying assumptions must be made‚ which are:      Goal of business firms is to maximize profit Two goods produce There are only two factors of production (capital and labour) to produce its product. Firm operates in perfectly competitive product and labour market. Wages represent the only cost of labour and that

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    Child Labour in India

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    Child labour in India Of 12.6 million children in hazardous occupations‚ India has the highest number of labourers in the world under 14 years of age.[1] Although the Constitution of India guarantees free and compulsory education to children between the age of 6 to 14 and prohibits employment of children younger than 14 in any hazardous environment‚ child labour is present in almost all sectors of the Indian economy[2] Companies including Gap‚[3] Primark‚[4] Monsanto[5] etc have been criticised

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    Location and Structure 2 International Labour Conference 2 International Labour Standards 2 Obligation of Members after Adoption of International Labor Standards 5 Supervision of Application of Ratified Conventions 5 ILO and Mauritius 6 Conclusion 6 References: 7 History Founded in 1919‚ after the World War I‚ the International Labour Organisation is an international institution responsible for formulating and overseeing international labour standard. It became the first specialized

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    ‘New Labour.’ With respect to the history of politics‚ ‘New Labour’ is a fairly recent description of a change or shift in the Labour party ideology occurring within the last 12 years. It refers to a gradual shift of Labour from political left to a more conservative right wing approach to various issues and in terms of the political spectrum‚ Labour now occupy the middle-to-right area‚ rather than the middle-to-left of the previous Old Labour. The phrase was first coined in a 1994 Labour Party

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    Labour Law in South Africa

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    labor organizations are presented. 1. Labor Law Reforms: In December of 2010‚ South Africa’s government offered up a series of potential changes to its labor laws. This was mostly done through amending several existing labor acts including The Labour Relations Act (LRA)‚ Basic Conditions of Employment Act (BEC)‚ Employment Equity Act (EEA) and also the Employment Services Bill (ESB). Following the introduction of sweeping amendments to these acts‚ public outcry‚ political debate and criticisms

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    Child Labour

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    food in any shop‚ I realized how fortunate I am that my parents allowed me to play and study. I was literally surprised rather the best word would be shocked. We‚ children‚ are supposed to be the future of this world. Now‚ so what is this “CHILD LABOUR”? Child Laborers are any worker aged less than fifteen years who lack access to education or are involved in hazardous or heavy work Let me tell you a few examples‚ there are children (girls and boys) who happen to be the eldest of their poor family

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