1. http://www.bized.co.uk Copyright 2005 – Biz/ed Influences on the Labour Market

2. http://www.bized.co.uk Copyright 2005 – Biz/ed Influences on the Labour Market

3. http://www.bized.co.uk Copyright 2005 – Biz/ed Government

4. http://www.bized.co.uk Copyright 2005 – Biz/ed Government Influence Government policy in a wide variety of areas has a significant influence Influences the demand and supply of labour in direct or indirect ways Increasing regulation of the labour market seen as being damaging by some Businesses claim legislation and taxes depress the demand for labour

5. http://www.bized.co.uk Copyright 2005 – Biz/ed Employment Legislation –Equal Pay –Sex Discrimination –Disability –Health and Safety –Benefits in Work –Pension Rights Necessity of meeting legislation imposes additional costs on businesses – shifts the demand for labour to the left

6. http://www.bized.co.uk Copyright 2005 – Biz/ed EU Policy Social Chapter –Specifies various employment rights and responsibilities –More rules and regulations for employers to meet –Claim that it makes the labour market less flexible –Imposes additional costs on employers again Working Time Directive –Again – limits employer flexibility –Raises cost!

7. http://www.bized.co.uk Copyright 2005 – Biz/ed Trade Unions

8. http://www.bized.co.uk Copyright 2005 – Biz/ed Trade Unions Less popular Less relevant in service industries Decline of national bargaining Impact of changing work practices and legislation ‘New’ role for trade unions Trade union power was affected by successive legislation passed during the 1980s and 1990s. The Miners’ Strike headed by Arthur Scargill in 1984, proved to be a watershed in trade union history. But, is militancy rising again? Title: Arthur Scargill. Copyright: Getty Images, available from Education Image Gallery

9. http://www.bized.co.uk Copyright 2005 – Biz/ed External Influences

10. http://www.bized.co.uk Copyright 2005 – Biz/ed External Influences Working environment has changed Workers need to be more flexible ‘Job for life’ unlikely Migration trends will affect labour market Technology and transport change the way we work Social Trends – women in the workplace, work- life balance, work ethic The working environment and attitudes to work have changed the labour market – for good? Title: Book Keeping. Copyright: Getty Images, available from Education Image Gallery

11. http://www.bized.co.uk Copyright 2005 – Biz/ed Market Power

12. http://www.bized.co.uk Copyright 2005 – Biz/ed Market Power Extent of market power in the labour market Public Sector workers – less market power – pay determined by government Monopsony buyers of labour – health service, education? Local negotiation in the workplace – who has the power? Extent of information and knowledge available to the employer and employee