This means that, in a competitive labor market, real wages will always be instantly adjusted to changes in conditions of demand.

The report shows that in their desire to remain or become more competitive, governments and employers around the world have taken many steps to increase labor market flexibility.

The caste system and labor laws prevent an efficient labor market.

For example, China s labor intensive export sectors are losing their competitive edge.

America s Labor Market by the Numbers

The international energy technology market is brutal and competitive.

The labor market has been similarly disappointing.

The False Panacea of Labor Market Flexibility

Labor market reform Persistently high unemployment and large scale withdrawal from the labor force are a constant reminder of a malfunctioning labor market that needs support through better training and retooling.

The weak reed in capitalism is not the labor market, but the financial market.

One must also recognize that low labor costs are an essential component of China s competitive advantage.

Their labor market, social welfare, and competition policies vary.

Nor have Spain s labor market reforms worked as expected.

Competitive currencies promote and protect modern tradable industries that employ a substantial share of the labor force.

Finally, flexible labor market policies seem to be important, too.

The German labor market, too, has shown a miraculous turnaround.

Common policy measures on immigration, linked to labor market needs

The real test for the German government is the labor market.

Keynes denied that real wages are set in the labor market.

One area in grave need of reform is the labor market.

The Norwegian Competition Authority successfully used this procedure to ensure that the market remained competitive.

Inflation will begin in product markets, rather than in the labor market.

These migration pressures present a potential solution to Europe s labor market problem.

That slack labor market is powering this swing of the protectionist pendulum.

Indeed, the official unemployment rate understates the weakness of the labor market.

As a side effect, the emancipation of women increased the labor market.

Thereby making easier their integration and civil participation in the labor market.

Labor force participation in the US has fallen to levels not seen since women began entering the labor market in large numbers.

Blinder also predicted that the flexible, fluid US labor market would adapt better and faster to globalization than European labor markets would.

In a dynamic and unpredictable labor market, workers must be ready for anything.

In Germany, the most urgent needs are for tax and labor market reform.

The third and fourth positive factors relate to housing and the labor market.

Labor market liberalization, globalization, and unions declining influence have exacerbated these employment trends.

The burden of payroll taxes, together with overweening labor market regulation, stifles entrepreneurship.

A flexible labor market, as many suggest, will not in itself promote inclusion.

(South Korea, for example, simultaneously helped its poor and deregulated its labor market.)

This in turn should help SMEs in those countries to become more competitive in the global market.

Small and vulnerable economies must not be abandoned to their fate in the current highly competitive market.

Raising women s labor market participation rate boosts economic performance in a number of ways.

More generally, they should use existing labor market data to make better informed choices.

Together they point to a gradual and steady improvement in overall labor market conditions.

After all, other arrangements for allocating labor appear to involve more domination and alienation than the labor market, which offers people opportunities, not constraints.

Germans are upset at being asked to support countries that do not seem to want to adjust unlike Germany, which is competitive because it endured years of pain low wage increases to absorb the former East Germany s workers and deep labor market and pension reforms.

What turned the country around, he claims, was labor market liberalization and restrained public spending.

In Germany, every generation entering the labor market is smaller than the one exiting it.