INBS 346--Chapter 11, Ball et al (1)

INBS 346--Chapter 11, Ball et al (1) - Chapter Eleven...

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Unformatted text preview: Chapter Eleven Chapter Eleven Labor Forces 1-2 11-2 Labor Quality and Quantity Labor Quality and Quantity h Quality, quantity, and composition of labor force are of great importance to an employer- Labor Quality- The skills, education, and attitudes of available employees- Labor Quantity- The number of available employees with the skills required to meet an employers business needs 1-3 11-3 Worldwide Labor Worldwide Labor Conditions and Trends Conditions and Trends h Overall size and sector of the work force- International labor trends- Aging of populations- Rural to urban shift- Unemployment- Immigrant labor- Brain drain- Guest workers 1-4 11-4 Percentage of the Population Percentage of the Population aged 65 or More aged 65 or More 1-5 11-5 Unemployment Unemployment h 3.1 billion workers in 2008 (per UN, ILO)- 200 million overall are unemployed- Middle East and North Africa (13.2%)- Sub-Saharan Africa (9.7%)- Central and Eastern Europe (9.7)- Latin America and Caribbean (7.7)- Developed economies (6.7%)- Southeast Asia and the Pacific (6.1%)- South Asia (4.7%)- East Asia (3.8%) - 45% of unemployed are between age 15 and 24 1-6 11-6 Labor Mobility Labor Mobility h Labor Mobility refers to the movement of people from country to country or area to area to get jobs- Immigration...
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This note was uploaded on 12/17/2010 for the course INBS 346 taught by Professor Ike during the Fall '10 term at Montclair.

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INBS 346--Chapter 11, Ball et al (1) - Chapter Eleven...

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