MHR 520 Lecture Notes - Lecture 2: Knowledge Economy

• School: Ryerson University
• Department: Human Resources
• Course: MHR 520
• Professor: Ian Sakinofsky

Document Summary

Trends and factors affecting (our) society trade liberalisation technological change: globalisation, growth of the services sector, changes in the prevalence and characteristics of standard employment relationships. Non-standard" work may be highly paid, secure and not precarious, while some standard" or full-time work is poorly paid and is precarious. The term precarious" is used above to describe characteristics of jobs, while the term. Vulnerable" is used to describe characteristics of individual workers. Pressures affecting employers and the demand for labour. Globalisation canada has experienced a re-orientation from east-west trade with in canada towards north-south trade between canada and the united states as well as mexico, and the associated possibilities of relocation. Many canadian businesses are not likely to be effected, but some are. Technological change in particular skill-based technological change and the development of the knowledge economy, is having an impact on the kind of workforce that is needed.