Main menu For students For teachers Explore our subjects Student events & courses

Explore

More for students
Sign in

Free Economics resources

Topic Videos

Labour Market Failure (Labour Markets)

Level:
A-Level, IB Diploma
Board:
AQA, Edexcel, Eduqas, IB, OCR, WJEC

Last updated 4 Apr 2018

Share this content:

In this video we explore key aspects of labour market failure.

Unemployment and economic inactivity in the UK labour market are falling, but when we disaggregate the market we find that there remain persistent issues including risks of extreme poverty, labour immobility, skills shortages and the issues facing workers in vulnerable jobs perhaps facing a monopsony employer.

Share this content:

You might also like

Introduction to Macroeconomics: The Labour Force

26th August 2026

Introduction to Macroeconomics: Unemployment

25th August 2026

In the News Teaching Activity – What key economic challenges will a new PM face? (June 2026)

29th June 2026

In the News Teaching Activity – Does the childcare industry need regulating to reduce hidden costs to parents? (June 2026)

4th June 2026

In the News Teaching Activity – What is the state of the UK’s economy? (Apr 2026)

30th April 2026

Why are resident doctors striking again? (Apr 2026)

16th April 2026

In the News Teaching Activity – Why are NCP car parks going out of business? (Mar 2026)

26th March 2026

In the News Teaching Activity – Could the UK economy tip into recession? (Mar 2026)

23rd March 2026