Labour economics seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour services (employers), and attempts to understand the resulting pattern of wages, employment, and income.
It is an important subject because unemployment is a problem that affects the public most directly and severely. Full employment (or reduced unemployment) is a goal of many modern governments.
Employment and Income :: Business and Economy
Economic :: Issues

Entropy and Inequality - A comparison of different measures of income wealth inequality, with a focus on entropy measures. Shows changes in the global disparity of income using these measures.
Meta Description: [ Measuring wealth inequality with redundancies (Theil, Kullback-Leibler) and distributions (D&R, Gini, Hoover, Coulter, MacRae) ]
European Association of Labour Economists - Newsletter, and membership and conference information.
Meta Description: [ EALE ]
How the United States Government Measures Unemployment - Bureau of Labor Statistics report explains methodology, definitions, and seasonal fluctuations.
500
Industrial Relations Research Association (IRRA) - Publications, news, meetings, links, and membership information for practitioners and researches in industrial relations and human resources.
Inequality.org - News, information and expertise on the divide in income, wealth and health.
International Labour Organization - The UN specialized agency which seeks the promotion of social justice and internationally recognized human and labour rights.
Meta Description: [ ILO: International Labour Organization - The International Labour Organization is the UN specialized agency which seeks the promotion of social justice and internationally recognized human and labour rights ]
Introduction to Labor Economics - The theory of labor supply demand from a neoclassical economics perspective.
Labor and Employment Statistical Resources on the Web - A directory of mainly U.S. statistical resources.
Labor Institutes and Research Centers in the World - A directory maintained by Christian Zimmermann.
Meta Description: [ Central index of economics institutions
(academic, governmental and non-profit) in Labor and Demographic Economics. ]
Labor Links - A George Washington University based directory of sites that address general labor economics issues and selected policy issues including affirmative action, child care and welfare reform.
Labour Economics Gateway - Links to research centers, economists, journals, documents, and data sources.
Losing Work, Moving On: Worker Displacement in International Perspective - A collection of papers edited by Peter Kuhn
The labour market - interactive Java applet - Features an interactive Java applet with a guided exercise. Designed to familiarize undergraduate students with labor demand, labor supply and unemployment.
Meta Description: [ Teaching and learning aids on the labour market model ]
The Low-Wage Labor Market - A volume of papers prepared at the Urban Institute in 1999.
Meta Description: [ Nine chapters summarizing what is known about the low-wage,
low-skill labor market from both the supply and demand side. ]
The Principles of Scientific Management - Fredrick Winslow Taylor's influential 1911 text on work organization.
404
The Society of Labor Economists - A labor economics bulletin board, membership information, annual meetings.
United States Bureau of Labor Statistics -
Meta Description: [ The Bureau of Labor Statistics is the principal fact-finding agency for the Federal Government in the broad field of labor economics and statistics. ]
WebEc Labor and Demographics Resources - Links of interest to labor economists
Meta Description: [ This page in WebEc contains links to and descriptions of WWW resources related to Labor and Demographics ]
Workers Compensation Research Institute - An independent, not-for-profit research organization providing objective information about public policy issues involving workers' compensation systems.
Workindex - An extensive directory of workplace-related Web sites.
| 13.4 - Labor Economics | |
| Next Video | |