flexible labor market


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Related to flexible labor market: Labour market

flexible labor market

A labor market in which employees are willing to work flexible hours, to retrain for new skills, to relocate geographically in order to find work, and to accept performancerelated pay. A flexible labor market usually also requires employment laws that allow for the easy hiring and firing of employees.
References in periodicals archive ?
Policy makers should implement more courageously the reforms that seek to achieve a more flexible labor market, higher productivity, stronger competition and innovations.
In the current state, structural reforms could, for example, mean that the relatively flexible labor market is made even more flexible and the use of different flexible forms of work would be promoted," he remarked.
focuses on the flexible labor market strategy US businesses have evolved to compete in an international political economy of volatile foreign exchange prices.
We reject outsourcing, because it creates a flexible labor market, and we think labor market flexibility is a kind of modern slavery.
In the new flexible labor market, with all its departures and rotations, knowledge-intensive firms must develop the art of retaining memories.
In this visceral conservatism, if French leaders are to be believed, lies the reason that France, more than any other European country, has found itself disoriented before the prospect of curtailing the welfare state, creating a flexible labor market, adopting the new technologies of cyberspace and embracing a single European currency, all in order to compete in a global economy.
He argues that the composition of the adjustment matters more than its size, and that a flexible labor market and/or coordinated wage bargaining mechanism helps a lot as well.
First of all we need three well-functioning elements: competitiveness, a flexible labor market and healthy finance.
These papers, which focus on the lessons learned by Taiwan and the implications for labor policy-makers of other regions and nations, describe Taiwan's ability to form a flexible labor market, given changes in its earning structure, the role of education in the labor market and earnings, and the workings of the private labor market prior to 1996.
And this is the secret of America's success during the last decade: the inter play of an innovative product market, a creative capital market, and a flexible labor market.
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