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词条 Secondary labor market
释义

  1. Challenge to economics

  2. See also

  3. References

The secondary labor market is the labor market consisting of high-turnover, low-pay, and usually part-time or temporary work. Sometimes, secondary jobs are performed by high school or college students. The majority of service sector, light manufacturing, and retail jobs are considered secondary labor.[1]

Secondary market jobs are sometimes referred to as “food and filth” jobs, a reference to workers in fast food, retail, or yard work, for example.[2]

A secondary-market job is distinct from a "secondary worker". The latter term refers to someone in a family (traditionally, the wife or a child) who earns a smaller income than the "breadwinner" in order to supplement family income.

Challenge to economics

The existence of the secondary labor market challenges classical explanations of the functioning of the labor market. Classical and neoclassical economists conceived of the labor market as a commodity market: the concurrent interaction of labor supply (rational workers seeking their well-being) and labor demand (rational employers searching to maximize their profits) should determine general employment and wage levels.{{Citation needed|date=January 2014}}

Additionally, the existence of ethnic enclaves further challenge the neoclassical economic thought as immigrants are able to enter a supposed third labor market, which cater specifically to the needs of ethnic minorities.{{Citation needed|date=January 2014}}

These traditional theories leave unexplained major real-life issues, such as the large differences observed among wages and employment conditions in the current labor market.{{Citation needed|date=January 2014}} The Neoclassical school had argued that these differences were due to disparities in worker productivity based on employees' different human capital endowments, but as critics have pointed out, most of them would be due to institutional factors more than to economic causes.{{Citation needed|date=January 2014}} In other words, it is not people that are different but rather job characteristics, and it is not human productivity that is behind the differences but rather market, technical, organizational, and political factors.{{Citation needed|date=January 2014}}

See also

  • Ethnic enclave
  • Labor market segmentation
  • Primary labor market
  • Temporary work
  • Underemployment

References

1. ^{{cite journal|last1=Bewley|first1=Truman|authorlink1=Truman Bewley|title=A Depressed Labor Market as Explained by Participants|journal=The American Economic Review|date=May 1995|volume=85|issue=2|pages=250–254|url=http://dido.wss.yale.edu/P/cp/p08b/p0898.pdf}}
2. ^{{cite web|title=What Is the Difference Between the Primary and Secondary Labor Market?|url=http://tacesoutheast.org/myportal/toolkit/topic2/docs/topic2_q2_b.pdf|website=Burton Blatt Institute, Syracuse University|publisher=Technical Assistance and Continuing Education (TACE) Center Region IV|accessdate=5 June 2014}}

2 : Employment classifications|Demographic economics

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