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Lecture notes 3.5.1 employment patterns £7.49
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  2.  
  3. PEARSON (PEARSON)
  4.  
  5. Economics B
  6.  
  7. Unit 3 - The global economy

Lecture notes

Lecture notes 3.5.1 employment patterns
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These notes helped me get an A* in A Level Economics, covering all aspects of the specification, plus hints of real world context.

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  • June 15, 2023
  • 1
  • 2022/2023
  • Lecture notes
  • Paddingtion zinzombe
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  • 314 trade policy and trade negotiations 322 a

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3.5.1 employment patterns

 Employment patterns
o Growth of global labour force
 World is becoming more industrialised
 More people than ever in global labour market
 People move from rural to urban areas
 Lifts people out of poverty
 Increases GDP and productivity
 Labour saving technology makes production more efficient
 Global labour force is estimated to increase by 3.5 billion by 2030
 Workers take advantage of job opportunities in other countries
 Increased standard of living
o Structural change
 Growth in developing countries exports to developed countries
 Developing countries have an advantage in production due to low labour costs

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