3.5.1 employment patterns
Employment patterns
o Growth of global labour force
World is becoming more industrialised
More people than ever in global labour market
People move from rural to urban areas
Lifts people out of poverty
Increases GDP and productivity
Labour saving technology makes production more efficient
Global labour force is estimated to increase by 3.5 billion by 2030
Workers take advantage of job opportunities in other countries
Increased standard of living
o Structural change
Growth in developing countries exports to developed countries
Developing countries have an advantage in production due to low labour costs
Employment patterns
o Growth of global labour force
World is becoming more industrialised
More people than ever in global labour market
People move from rural to urban areas
Lifts people out of poverty
Increases GDP and productivity
Labour saving technology makes production more efficient
Global labour force is estimated to increase by 3.5 billion by 2030
Workers take advantage of job opportunities in other countries
Increased standard of living
o Structural change
Growth in developing countries exports to developed countries
Developing countries have an advantage in production due to low labour costs