SOC227H5 : labour-market-segregation
Document Summary
Definition: it is defined as it consists of various sub-groups which have little or no crossover capability. It works in terms of demand and supply concept. it is higly influenced by politicaleconomic forces which encourage the division of the labor market into separate segments. The demand depends on the economy and the labour market. The supply side of labour is responding to the demand for labour in the labour market. This demand is strongly related to investments in human capital. Demand & supply of labour must be strongly related to one other, else there is a high mismatch in politicaleconomic environment. For example: the high rate of unemployment in sri lanka. Such mismatch is highly influenced by private sector & public sector. Lang (1996) & also suggested by glewwe (1987) clearly says that public sector has influence on the labour market & its demand supply graph.
