Problem

Labour hoarding by employers

Other Names:
Hoarding of workers
Nature:
Labour hoarding is the practice adopted by some companies of retaining their labour force intact, during a decline in demand, thus reducing the productivity of labour and raising the average variable cost per unit of output.
Values:
Hoarding
Problem Type:
E: Emanations of other problems
Date of last update
24.04.2000 – 00:00 CEST