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Q. Describe Labour Market Segmentation?

Labour Market Segmentation: Deep and systematic differences among various groups of workers, in which different types of workers are effectively ‘assigned' to different types of jobs (reflecting differing productivity and income opportunities). Characteristically access to different segments of labour market is organized on grounds of race, gender, ethnicity or age.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9579368

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