Emerging Themes in a New Labour Market

Summary of Key Themes

This chapter pulls together the essential labour market themes that have been woven throughout the previous chapters and presents them in one place, in an easy-to-use format. Following each theme is a brief explanation for practitioners. The shaded textboxes contain tips for practitioners to pass on to their clients.

Theme 1: All the Components Making Up the Labour Market Serve to Affect One Bottom Line for the Client: Supply and Demand

A good, solid knowledge of all the factors influencing the labour market is an asset to any member of the labour force. However, basic information on supply and demand is probably the bottom line affecting the client or student's position in the labour market. It is helpful to know whether the market is already or soon to be flooded with qualified people in a selected occupation or whether there is a present or upcoming shortage of particular workers.