Explain why employers are considered buyers of skills and employees sellers of skills in the labour market.

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19-03-2021
Business

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Explain why employers are considered buyers of skills and employees sellers of skills in the labour market.

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kylie15462 kylie15462 · Answer 1 · 2021-03-19T23:15:12+01:00

kylie15462 kylie15462

19-03-2021

the employers look for potential employees that they think would be a good fit and have good qualities.

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bratislava bratislava · Answer 2 · 2022-04-30T16:13:29+02:00

Employers look for the potentially employees that they think are a good fit and also have good qualities.

What is the labour market?

A labour market is one that includes a job market and refers to the supply and demand for labour. The employees provide the demand and from a main component of the economy including market, capital and goods.

The employees are considered to be buyers of skills as the sellers have skills sets that are demanded in the market.

Find out more information about the labour market.

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