BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Labor markets are markets for employees or jobs. Financial services markets are markets for saving or borrowing. When we think about demand and supply curves in goods and services markets, it is easy to picture the demanders and suppliers: businesses produce the products and households buy them.

Detailed explanation-2: -Agricultural Labor: Labor Market Operation All labor markets have three major R-functions – recruitment or getting workers into jobs, remuneration or paying wages to induce workers to perform their jobs, and retention.

Detailed explanation-3: -The labor market, also known as the job market, refers to the supply of and demand for labor, in which employees provide the supply and employers provide the demand. It is a major component of any economy and is intricately linked to markets for capital, goods, and services.

Detailed explanation-4: -Labour market institutions – the laws, policies and practices – that govern the labour market can be designed to support the creation of quality jobs with decent wages and working conditions, and to support those who cannot work or who are unable to find work.