flexible labour markets

flexible labour markets

market conditions in which professional and occupational restrictions on the employment and payment of labour are dismantled, e.g. by competitive pressures in the world economy and by government action undermining the powers of TRADE UNIONS. Moves to time-limited contracts, parttime work, the end of lifelong CAREERS and increasing insecurity of employment are all aspects of the process. Flexible labour markets are an aspect of the move to FLEXIBLE PRODUCTION and can be seen as a less humane face of this phenomenon.
References in periodicals archive ?
In 2015 the younger EU Member States could even overtake the peripheral countries in terms of market share in inner-EU exports thanks to their lower production costs, more flexible labour markets, geographical proximity and lower taxes.
The second measure she announced on Monday, betrayed how little she understands the need for flexible labour markets, which the European Commission has been urging EU member-states to pursue.
Mr Cable said: "We have seen off the headbangers who want a hire and fire culture and seem to find sacking people an aphrodisiac: totally irrelevant in a country with flexible labour markets which have created over a million private sector jobs in the last two years.
We have seen off the 'head bangers' who want a hire and fire culture and seem to find sacking people an aphrodisiac: totally irrelevant in a country with flexible labour markets which have created over a million private sector jobs in the last two years,"
What Salter describes there is, in effect, the objective of the concerted efforts in recent decades to create in advanced capitalist economies what are euphemistically called flexible labour markets.
While the employers are in favour of resorting to the principles of flexicurity - a combination of flexible labour markets and a high level of employment and income security - to overcome the crisis, the European Trade Union Confederation (ETUC) is strongly opposed to this, as it believes flexicurity would increase work precarity.
Downing Street said that he had simply been making the case for flexible labour markets, of which Prime Minister David Cameron was "in favour".
But Mr Cameron's spokesman said Mr Duncan Smith had been making the case for flexible labour markets, of which the Prime Minister "is in favour".
The shadow energy secretary said: "Unless we change our attitude on a whole range of things that New Labour took for granted, like flexible labour markets that mean low pay and bad working conditions for people, tuition fees and ID cards, unless we change we are not going to win again.
And we have flexible labour markets that enable firms to grow and contract quickly, but which protect and help workers with retraining and support them as they move between jobs.
Speaking at a meeting of Birmingham Future yesterday, he told the city's young professionals that Britain had one of the most flexible labour markets anywhere and this had attributed to its success.
Future challenges include reducing and improving the quality of regulation' competing in the single market and delivering more flexible labour markets.

Full browser ?