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Economics

Topic updates

Ten topical labour market issues for 2018

Geoff Riley

29th April 2018

Here is a selection of important and topical labour market issues which emphasise how important the labour market as a synoptic topic in A level economics.

Micro and macroeconomic impact of changes in UK labour migration - more here

Gender pay gap / low female labour market participation as growth barrier - more here

Should there be caps - should there be statutory ceilings on executive pay? - more here

Economics of a national living wage / higher minimum wage - more here

Trade unions and their micro-macro impact on the economy - more here

The rise of the Gig Economy – evaluating the effects on UK & other nations - more here

Monopsony power and low real wage growth (causes and effects) - more here

Automation / robotics and the future pattern/level of employment - more here

Economic inactivity & “hidden” unemployment including under-employment - more here

Can the UK reach full-employment? (Changing Phillips Curve relationship) - more here

Update:

Larry Elliott appears not to be a fan of the gig economy: he argues herethat it exploits workers and has increased in-work poverty. There's little to disprove this hypothesis, at present. I'm afraid that I don't buy the narrative that the majority of people on zero-hours contracts are grateful for this.  (Graham Watson)

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty 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 conferences in the UK and overseas.

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