WAEC Economics 2014 Theory question 103

Theory question 103

Labour Market

(a) Define occupational mobility of labour.
(b) Identify any four barriers to occupational mobility of labour.
(c) State any two factors that will make labour efficient.

Show the model answer
Model answer

(a) Occupational mobility of labour is the ease with which workers can move from one occupation or job to another.
(b) Any four: long period and high cost of training; lack of required skills or education; professional/trade union restrictions and licensing; age; lack of information about vacancies; discrimination (sex, ethnic); natural ability/talent; attachment to a job or reluctance to change.
(c) Any two: education and training; good health and nutrition; good working conditions; adequate wages and incentives; use of modern tools; good management.

Explanation

Occupational mobility is between jobs; geographical mobility is between places.