1. MALADJUSTMENT AND EXCESS DEMAND IN THE LABOUR MARKET, 1960-1966.
- Author
-
Oliver, F. R.
- Subjects
LABOR market ,INDUSTRIAL capacity ,ECONOMIC conditions in Great Britain, 1997- ,LABOR demand ,INDUSTRIAL relations - Abstract
This article discusses the maladjustment and excess demand in the labor market in Great Britain. Statistics relating to the level of capacity, output and demand in the economy. The excess of vacancies over unemployment as obtained indicator of the effective pressure of demand for labor with its probable feedback on industrial relations and wage bargaining. Identifies the important indicators of the state of the labor market. The pattern of seasonal fluctuation examined by the simple difference from a moving arithmetic method. The survey result on the number of stoppages due to industrial disputes. Relationship between the demand for and the supply of the factor of production.
- Published
- 1968
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