Low Pay and Employment Performance
Working Papers from Centre for Economic Performance & Institute of Economics
Greater labour market flexibility is often advocated as the solution to joblessness. Calls to weaken minimum wage provisions, to make out-of-work benefits less generous and to reduce legislative or bargained restrictions on hiring and firing have the common objective of encouraging those without jobs to accept lower wages or less secure conditions of work. Unemployment is particularly high for the least qualified sections of the labour force.
Keywords: LABOUR MARKET; WAGES (search for similar items in EconPapers)
JEL-codes: J2 J3 (search for similar items in EconPapers)
Pages: 13 pages
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Persistent link: https://EconPapers.repec.org/RePEc:fth:cepies:26
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