Labor Market Influence
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Description
Labor markets function through the interaction of workers and employers. Traditionally, labor markets have been thought to be perfectly competitive. That is, there are many workers and employers have perfect information and there are no transaction costs. The competitive framework leads to clear conclusions - workers earn their marginal product of labor.
Enablers
- Population control of developing country;
- International organizations as the International Conference on Population and Development (ICPD), held in 1994 in Cairo are set up to especially deal with problems comes out of population growth;
- Extensive international population aid programs were launched by the governments;
- Technology and design advanced in architecture;
- Continuous and gradually matured developing of modern communication technology;
- Speed of green energy exploiture;
- laws and disciplines coming up to regulate the pollution and waste.
Inhabitor
- New green energies haven't be systematicly used to replace the former ones;
- Rejection of using technology instead of traditional manual work result from scaring of losing job oppotunity under the severe competition with increasing population;
- In recently, the economic development still align with the large chemical plant programs which produce a lot of pollution and waste.
Paradigms
Experts
- USA
- EU
- China
Timing