SY224 Lecture Notes - Lecture 3: Adobe Freehand, Invisible Hand, Neoliberalism
Document Summary
Current events that affect labour: world cup, olympics. Controversy: stadiums have to be built to hold multiple games, built by slave labour. Iceland put full pay equity on grounds of gender into law; difference is that. Iceland covers the countries entire population whereas other places only cover part of the labour force who are seeking paid work. Labour force - all of the people who are currently working in paid work or. Participation rate measures the percentage of people who could be working. Unemployment rate measures the people who could be working but do not. Labour market refers to the labour force + the available jobs. Pay equity legislation covers only people who work directly for the federal government or people who work in institutions for the federal government (cid:498)bully bosses(cid:499) the workers are the dog and you"re getting kicked by the bosses.
