Labor market

Labor markets are socially-constructed entities that facilitate the buying and selling of labor power. They are effectively political-geographic institutions, governed predominantly by state regulations that apply within specific territorial boundaries. For this reason, analyses of labor markets hav...

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Bibliographic Details
Main Author: Lim, Kean Fan
Other Authors: Richardson, Douglas
Format: Book Section
Published: Wiley-Blackwell 2015
Online Access:https://eprints.nottingham.ac.uk/30852/
Description
Summary:Labor markets are socially-constructed entities that facilitate the buying and selling of labor power. They are effectively political-geographic institutions, governed predominantly by state regulations that apply within specific territorial boundaries. For this reason, analyses of labor markets have tended to be state-centric. Economic geographers have worked assiduously at transcending state-centrism through showing how the buying and selling of labor power is a gendered, multi-dimensional and often transnational process – it is never about the self-correction of prices by abstract forces of demand and supply.