Our September sale is now live until 30th September 2021! Apply a 15% discount to your cart in Store using promotional code: EQLYSEP21
Economy Our insights on the global economy, business environment and B2B sectors inform business strategy and pinpoint opportunities and risks.
Find content by

The Impact of Labour Market Flexibility on Businesses and Consumers

10/10/2015
Euromonitor International Profile Picture
Euromonitor International Bio
Share:

Labour market flexibility or rigidity refers to employment issues such as staff wages, the ease of which companies can hire and fire employees, length of probation periods and power of unions. Flexible labour markets are characterised by things such as low minimum wage and laws that don't impede the hiring or termination of employees. These flexible markets, which favour worker's rights can lead to lower unemployment and higher labor productivity. Overall, a balance should be struck between employee and employer rights to maintain a healthy economy.

Download as an MP3

Interested in more insights? Subscribe to our content

Latest Insights

Money 20/20

Euromonitor International 17 September 2021

Global Economic Forecasts Q3 2021

Euromonitor International 08 September 2021

3 Keys to Strategic Market Assessment

Patricia MacHannaford 11 August 2021

2050年の世界の食料事情

Euromonitor International 05 August 2021

Shop Our Reports

Global Overview of the Healthcare and Social Services Industry

The briefing examines how healthcare and social services industry performs globally and in the largest countries in terms of healthcare and social services…

View Report

Innovation and Population Ageing: Adapting to the Longevity Era

The older consumer segment is growing rapidly globally, driving the need for genuine innovation to cater to older adults’ evolving and diverse demands. Older…

View Report

Global Overview of Automotive

The briefing examines how automotive industry performs globally and in the largest countries in terms of automotive output. The report also provides data for…

View Report
Passport Our premier global market research database with detailed data and analysis on industries, companies, economies and consumers. Track existing and future opportunities to support critical decision-making across all functions within your organisation Learn More