Ex.12. Answer the following questions.1. What may hiring practices within the firm determine? 2. What are workers inside internal labour markets buffered from? 3. What is another significant feature of the labour market?
4. Are other economic transactions of a short-term nature in comparison to the relationship that develops between a worker and a firm?
5. What is one important implication of the long-term relationship between workers and firms?
6. When and why may firms choose to retain workers?
7. Why may firms choose not to reduce their workers‘ wages during a period of relatively high unemployment? 8. What is another distinguishing feature of the labour market?
9. How do workers differ? 10. How do employers and the jobs they offer differ? 11. What implications does the uniqueness of workers and jobs have?
12. What are the two most important ways in which the labour market can be subdivided? 13. Which market is described as the national labour market?
14. What basis is the search for highly skilled technical and professional occupations often carried out on?
15. When is the market described as the local labour market?
Ex.13. Make a presentation of the topic “Labour markets”. WRITING
Ex.14. Write a plan for a summary of Text A.
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