Explain three ways in which governments shape labour markets and Essay

let off three ways in which political relations shape labour markets and Explain, using examples, three dimensions of the relationship between paying(a) and unpaid break down - Essay Examplent base in locate to instill more arrogance in the workforce and focus on the context for investment (Lecture 3, p.3) thus creating a congenial surroundings for business while addressing the social concern of employment. In the current economic situation where the role of establishment in protecting labor has been reduced to the bare minimum due to globalization and advancements in applied science, it is tractableness of the job market that is more in perspective than formulation of laws to safeguard labor. However, the scope of employment similarly raises the issue of work where salary is high that consequently raises the standard of living and another type of work where workers are paid low earnings leading to social disparity and discontent. The issue of low wages is compounded by g lobalization that firms use as bargaining chip to tame labor with threats of outsourcing, big(a) business the upper hand as trade unions have largely been marginalized in an environment where technology has reduced manpower.The government is not only responsible to oversee a strong and vibrant economic system but also to ensure equitable living conditions for every citizen in general, and the weaker sections of society in particular. on that point are some countries like the Scandinavian nations where the citizens enjoy generous social packages even if they are unemployed. there are other nations where 5 percent of the population enjoys 95 percent of the nations wealth, whereas 95 percent of the population survives on 5% of the countrys resources. It may not be possible for every country to satisfy every citizen with generous social schemes, but it is necessary to create conditions where everyone feels cared for.Generally, the government is noncommittal when it comes to the int erest of workers in the lowly paid services basically for two reasons one, the government wants to instigate new entrepreneurs to rise to the occasion and take advantage of working conditions under the new technological order