Explain what is loose & tight labour markets and their effect of a

(Question) AC 1.1) Assess the major contemporary labour market trends in different country contexts.

You should assess current market trends both nationally (in the UK) and internationally focussing on economic,

– labor market outlook from different perspectives like; Economic, Demographic and social.

·        
What is a talent & talent management? And how important is it for organisations?

·        
Define what is labour market and why it is important for a company

·        
Explain what is loose & tight labour markets and their effect of a company

·        
What are the international trends in labour market in terms of

a)     
State of economy

b)     
Demographic changes

c)     
Political changes

d)    
Legislative changes

e)     
Technological developments

f)      
International events of incidents (wars, disasters, revolutions, etc)

You should mention if the international labour market is tight or loose based on the above.

·        
What are the national (UK) trends in labour market in terms of

g)     
State of economy

h)     
Demographic changes

i)       
Political changes

j)       
Legislative changes

k)     
Technological developments International

You should mention if the national (UK) labour market is tight or loose based on the above.

Sources for labour market trends:

·        
https://www.ilo.org/wcmsp5/groups/public/—dgreports/—dcomm/—publ/documents/publication/wcms_615594.pdf

·        
https://www.ilo.org/wcmsp5/groups/public/—dgreports/—dcomm/—publ/documents/publication/wcms_670542.pdf

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