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Labour hoarding by employers
Name(s):
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.
Broader
Hoarding
Structural rigidities in labour markets
Related
Unethical practices of employers
Aggravates
Labour shortage
Labour displacement due to import competition
Aggravated by
Ineffective economic structures in industrial nations
Value(s)
Hoarding
Type
(E) Emanations of other problems