Ideas about wages and workers, including the minimum wage and human capital. A concept belongs here when its cited article describes a labor market idea. The group brings together the entries filed under the heading Labor Market Concepts, so a reader can compare them and move from one to another within the same part of the economic field. Each entry in the group links to its own article with its sources and related entries.
All Labor Market Concepts
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Minimum wage (Wikipedia)
Has Member: Minimum Wage, LeadQuote, Has Member: Minimum Wage, Lead
A minimum wage is the lowest remuneration that employers can legally pay their employees-the price floor below which employees may not sell their labor.
Human capital (Wikipedia)
Has Member: Human Capital, LeadQuote, Has Member: Human Capital, Lead
Human capital or human assets is a concept used by economists to designate personal attributes considered useful in the production process in business or trade.
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