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Chapter Seven

Chapter Seven. Social, Political and Economic Environments. Simplified Model of IR System. External Inputs/Environment Part 2. Chapter 7 Social, Political and Economic Environments Chapter 8 Collective Bargaining Legislation in Canada Chapter 9 The Individual Employment Contract.

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Chapter Seven

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  1. Chapter Seven Social, Political and Economic Environments

  2. Simplified Model of IR System External Inputs/Environment Part 2 Chapter 7 Social, Political and Economic Environments Chapter 8 Collective Bargaining Legislation in Canada Chapter 9 The Individual Employment Contract Chapter 7: Social, Political & Economic Environments

  3. Canada-US Socio Comparisons • Attitudes Toward Government • Attitudes Toward Work • Attitudes Toward Work-Related Values Chapter 7: Social, Political & Economic Environments

  4. The Political Environment 1900-1949 The Post-War Years 1950-1979 1907 IDIA 1980 - Present 1944 (PC 1003) 1967 PSSRA (1975-78) Wage & Price Controls Chapter 7: Social, Political & Economic Environments

  5. The Economic Environment • Ideology of a Competitive Labour Market • The Demand for Labour • Supply of Labour • Interaction of Supply & Demand for Labour • The Macroeconomic Environment Chapter 7: Social, Political & Economic Environments

  6. The Ideology of a Competitive Labour Market • How Ideal Competitive Markets Work • Compensating Wage Differentials • When Competition is not Perfect Chapter 7: Social, Political & Economic Environments

  7. The Demand for Labour • Elasticity of Demand • Impact of Raising Minimum Wage • Deindustrialization Chapter 7: Social, Political & Economic Environments

  8. Supply of Labour • Labour Force Participation & Hours of Work • The Aging Population • Diversity in the Labour Force • Part-time & Contingent Work • Immigration Chapter 7: Social, Political & Economic Environments

  9. Interaction of Supply & Demand of Labour • Earnings Differentials & Efficiency Wages • Increased Earnings Inequality • The Productivity Paradox Chapter 7: Social, Political & Economic Environments

  10. The Macroeconomic Environment • Swings in Unemployment Rate • Barriers to Labour Market Flexibility • Impact on Wage Settlements • Free Trade and Globalization • Pressures from Global Standard Setting Chapter 7: Social, Political & Economic Environments

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