When we discuss labour market constraints what are we specifically referring to?
A) Union constraints on labour allocation
B) Availability of employees versus demand
C) Cost of living constraints on pay demands
D) Managerial strategy in recruitment methods

Question

Quizplus · Accepted Answer

Labour market constraints refer to the conditions that limit the ability of employers to hire and retain employees. This includes factors such as the availability of qualified workers, competition from other employers, and changes in the demand for certain skills or occupations. Option A is incorrect as it refers to a specific type of constraint rather than a general category. Option C may be a factor in some situations but is not the main focus of labour market constraints. Option D may have an impact on recruitment but is not the defining factor in labour market constraints.

When We Discuss Labour Market Constraints What Are We Specifically