Job market

In economy, the job market is the market of the offers and the applications for a job.

Its theoretical study is made by the economy of work.

For the study of specificities of the job market in France, to see Job market in France .

Situations

Supply-demand imbalance

See also: Unemployment

Because of many imperfections of market and sometimes important lawful constraints, this market is seldom with balance offers = request , and thus with a full employment perfect (absence of unemployment).

The times of exit of employment, the lack of information, etc, make that there exists always an unemployment known as frictional Unemployment, located at the neighborhoods of 3 with 5  %.

Institutional and lawful constraints can disturb the job market and cause a durable inadequacy between offer and request (rigidity of the Salaire S,…).

The State (and the Public administrations) intervene on this market by the Employment Policy . In addition, the level of tax of the work (which discourages the recruiting) and on the Capital (which discourages the Investissement) have a harmful effect on the quantity of Emploi S and the Taux of employment.

See too

Sources

  • OECD, 1996, Strategy of OECD for employment, Lira in line

  • OECD, 2007, Seminar one ploughing market in Brazil, Clouded and India Lire in line

  • OECD, 2007, Perspective of employment

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