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Low pay, discrimination and monopsony power in the labour market

Geoff Riley

26th January 2010

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As part of our A2 micro course we are looking at aspects of labour market failure at the moment and today we cover discrimination in its different guises and the issue of possible monopsony power and wage exploitation. Here are some links to BBC news resources on this topic including some useful video clips

Knitwear workers’ low pay trap

Brazil biofuel workers exploited

Bill set to expose geneder pay gap

Restaurant tipping law to change

Gangmasters abusing thousands

Gangmasters continue to exploit

Has the UK government reduced inequality?

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff