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  • 19 Labour Markets

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    Rashik Rayat
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    The document is a collection of notes on various topics related to labor markets and pay. It includes sections on wages for different jobs like tube drivers, cleaners, and athletes. It also discusses gender pay gaps, statistics on average pay and hours from the ONS, high political salaries, and the pay of BBC staff from BAME backgrounds. Further notes examine threats by DPD to sue a union and questions about monopsony theory and divergent marginal costs.

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    19 Labour Markets (1)

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    The document is a collection of notes on various topics related to labor markets and pay. It includes sections on wages for different jobs like tube drivers, cleaners, and athletes. It also discusses gender pay gaps, statistics on average pay and hours from the ONS, high political salaries, and the pay of BBC staff from BAME backgrounds. Further notes examine threats by DPD to sue a union and questions about monopsony theory and divergent marginal costs.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    8 views20 pages

    19 Labour Markets

    Uploaded by

    Rashik Rayat
    The document is a collection of notes on various topics related to labor markets and pay. It includes sections on wages for different jobs like tube drivers, cleaners, and athletes. It also discusses gender pay gaps, statistics on average pay and hours from the ONS, high political salaries, and the pay of BBC staff from BAME backgrounds. Further notes examine threats by DPD to sue a union and questions about monopsony theory and divergent marginal costs.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 20

    17 LABOUR MARKETS.

    notebook December 08, 2023

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    The jobs with the fastest growing salaries (telegraph.co.uk)

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    Although there have been laws against wage discrimination in the UK for many years, women’s
    average wages are still about 20% lower than those of men.
    0 7 Explain the factors that might account for the continuing difference between male
    and female earnings. (15 marks)

    https://www.theguardian.com/world/2016/sep/05/gender­wage­gap­women­pay­
    raise­men­study

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    17 LABOUR MARKETS.notebook December 08, 2023

    Essay 3
    1 1 ‘Nurses, who benefit society, earn comparatively little, while some bankers, whose work
    may cause harm, can earn millions. This is not fair.’
    How does economic theory explain such differentials in pay?
    [15 marks]

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    17 LABOUR MARKETS.notebook December 08, 2023

    In England, the English players in the FA Women'sSuper League receive an average of £26,752 (€30,000) a year while the men in the Premier
    League are paid an average of £2.64m (€2.9m), or 99 times that figure.27 Nov 2017

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    Attachments

    Tube driver wages

    Low wages + productivity

    Tube cleaner wagers

    Best paid athletes

    Gender pay gap

    Pay / hours ONS stats

    Highest paid politicians

    Biggest salary in the world


    BAME staff paid less BBC

    DPD threatens to sue union. Guardian Nov 2018

    Does Monopsony really have divergent MC????

    Jobs with fastest growing salary (Telegraph Sep 2021)

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