Choosing the right first job is one of the most critical decisions in a person’s professional life. It sets the tone for one’s career trajectory, influences long-term growth opportunities, and often shapes attitudes toward work, learning, and ambition.
Posts tagged as “Labor Market”
This is a broad topic, but I can provide an overview of the concept and its key components. Sustained growth through technological progress is a central idea in economics, particularly in endogenous growth theory.
The phrase "Working-Class Kids Get Working-Class Jobs" is famously associated with the groundbreaking 1977 book by British sociologist Paul Willis, titled Learning to Labour: How Working Class Kids Get Working Class Jobs.
A competency framework is a structured tool that defines the skills, knowledge, behaviors, and attributes an individual needs to perform effectively in a specific role or within an organization.
While a competitive salary is foundational, it's the employee benefits package that truly defines a company's commitment to its workforce's well-being, both on and off the job.
Based on data from various international organizations, here is an overview of global unemployment.
One of the most important debates in labor economics revolves around the concept of sticky wages versus flexible wages, and how each influences unemployment, economic growth, and stability.
First introduced by economists Richard Lipsey and Kelvin Lancaster in 1956, this theory shows that in an imperfect world, fixing one imperfection doesn’t necessarily lead to a better outcome—unless all other conditions for optimal efficiency are also met.
The 24-hour economy, while a powerful engine of modern capitalism, is a double-edged sword, offering immense opportunities while demanding a re-evaluation of how we work, live, and rest.