Labour market failure

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Labour market failure

A labour market in which there is not an efficient allocation of resources. Reasons for labour market failure include:

Discrimination
Economic inactivity
Skills shortages
The action of trade unions
The action of monopsony employers
Labour immobilit

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Micro Case Study: Uber and Labour Markets

Topical case studies
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Micro & Macro Effects of Labour Shortages in the UK | A-Level Economics Revision

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31st May 2025
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31st May 2025
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10th March 2025
Labour Market Economics - Notes and Resources from the Livestream

27th February 2025
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16th January 2025
Construction Crunch: Why the UK Can't Meet Its Housing Targets

14th December 2024
How might deregulation of the labour market lead to a rise in relative poverty in a country such as the UK?

Study Notes
Labour Markets | Classroom Posters / Handouts

Poster / Student Handout
IB Economics - Labour Market Reforms

Study Notes
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IB Economics - Market Failure as a Failure to Allocate Resources Efficiently

Study Notes
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Exam Support
AQA A-Level Economics - Year 13 Microeconomics Knowledge Organiser Pack

Exam Support
What does an increase in ’economically inactive’ people do to the UK economy?

17th March 2024
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6th February 2024
Economic inactivity - Mothers quit work because of childcare

7th November 2023
3.5.3 Monopsony in the Labour Market (Edexcel A-Level Economics Teaching PowerPoint)

Teaching PowerPoints
3.5.3 Discrimination in the Labour Market (Edexcel A-Level Economics Teaching PowerPoint)

Teaching PowerPoints
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Teaching PowerPoints
1.3.1 Types of Market Failure (Edexcel)

Study Notes
2.1.3 Underemployment and Economic Inactivity (Edexcel A-Level Economics Teaching PowerPoint)

Teaching PowerPoints
Monopsony Power - Fast Fashion Brands Squeeze Supplier

6th June 2023
UK Economy - Record numbers not working because of ill health

18th May 2023
Gender Pay Gap - Men earn more than women in most jobs

6th April 2023
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Topic Videos
The Gig Economy - US court rules Uber and Lyft workers are contractors

14th March 2023
Soaring Child Care Costs and a Widening Gender Pay Gap - Sobering Labour Market Economics

9th March 2023
The UK Hand Car Wash Market

13th February 2023
Monopsony power - should car washes be licenced?

15th November 2018
Economics of Working Poverty

Study Notes
UK Economy - Calls for the UK Government to increase funding for free childcare

11th February 2023
Retirement boom creates economic headache

5th February 2023
Underemployment - How Benefit Reforms Push People into Low-Paid Jobs

3rd February 2023
Economic inactivity - 1.6m UK adults over 50 unable to work

30th January 2023
Trouble ahead for the UK Economy

30th December 2022
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30th December 2022
Potholes ahead for UK car dealers?

19th December 2022
UK Economy - Why are so many people leaving the workforce

5th December 2022
The Human Cost of Amazon's Rush for Speed

4th December 2022
UK Economy - Why a workforce exodus might cause interest rates to climb higher

24th November 2022
Worsening health holds back UK economic growth

11th November 2022
Labour Market Rewards - FTSE-100 CEO Pay climbs 23% this year

8th November 2022
UK Economy - What can be done to reduce economic inactivity?

23rd October 2022
NHS investment boosts economic growth

17th October 2022
Labour Market - More minority ethnic than white workers paid below UK real living wage

7th September 2022
Falling NEET percentage hides big differences across educational backgrounds

25th August 2022
What are the causes and effects of the UK's digital tech talent shortages?

15th July 2022
Labour Market Diagrams - Six Short Revision Videos

Topic Videos
Labour Shortages - Passage from India

19th April 2022
Labour shortages - is market power shifting to workers?

30th August 2021
Executive Pay - FTSE bosses earn 86 times more than average UK worker in 2020

19th August 2021
The Unemployment Trap

Study Notes
Joe Biden voices support of workers' right to join unions

2nd March 2021
Gig Economy - Supreme Court rules Uber drivers are workers not self-employed (Updated)

21st February 2021
FTSE 100 firms have no black executives in top three roles

3rd February 2021
Amazon must improve working conditions say unions

12th October 2020
UK Economic Inactivity - chart showing trend over the last 15 years

24th February 2020
A World Without Work (Daniel Susskind)

21st January 2020
Paper 1 Micro: Top Revision Videos on Market Failure and Government Intervention

Topic Videos
How much should bosses be paid?

18th December 2019
Sorry we Missed You - Ken Loach's new film on the Gig Economy

21st June 2019
Key Micro Diagrams (Labour Markets)

Topic Videos
Trade Unions in a Monopsony Labour Market

Topic Videos
Labour Market Failure (2019 Update)

Teaching PowerPoints
Low Pay in the Labour Market

Study Notes
Minimum Wage - Evaluation Phrases in Action

Study Notes
Working poverty

Study Notes
Labour Market Economics (Quizlet Activity)

Quizzes & Activities
EdExcel Theme 3 Micro Knowledge Book - Labour Markets

Quizzes & Activities
Micro and Macro Effects of an Executive Pay Cap (Labour Markets)

Exam Support
Inside the Amazon Warehouse - Monopsony under Scrutiny

11th November 2018
Amazon increases their US minimum wage to $15 an hour

5th October 2018
Ageing Population (Revision Webinar)

Topic Videos
Edge Revision Webinar: Market Failure and Government Intervention

Topic Videos
Economic Inactivity (Revision Essay Plan)

Topic Videos
Ten topical labour market issues for 2018

29th April 2018
Monopsony Power in the Labour Market

Study Notes
How monopsony employers keep wages down

13th April 2018
Test 9: A Level Economics: MCQ Revision on Labour Markets

Practice Exam Questions
Economic Inactivity (Labour Markets)

Study Notes
Labour Market Failure (Labour Markets)

Topic Videos
Labour markets: How useful are ratings in the Gig Economy?

5th April 2018
The Apprenticeship Levy - A Case of Government Failure?

30th March 2018
Update on the Gender Pay Gap

30th March 2018
Falling Unemployment - 3 Charts on the UK Economy

Topic Videos
Labour Market Enforcement Tsar Starts Work

27th July 2017
Pay for BBC top talent revealed - should this model be used more in our Labour Markets

19th July 2017
Economics of the Gig Economy

11th July 2017
Trade Unions in the Labour Market (Evaluation Skills Video)

Topic Videos

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Labour market failure