📚 Learning Guide
Labor Market Segmentation
easy

Which of the following statements accurately describe aspects of labor market segmentation? Select all that apply.

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Choose the Best Answer

A

The primary labor market consists of high-paying, secure jobs.

B

The secondary labor market is characterized by job security and benefits.

C

Labor market segmentation can influence income distribution and social mobility.

D

Job characteristics in the primary market are often less favorable than in the secondary market.

E

Workers in the secondary labor market typically experience lower wages and fewer job benefits.

Understanding the Answer

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Answer

Labor market segmentation refers to the division of the job market into different segments or groups, often leading to unequal opportunities and outcomes for workers. One key idea is that there are primary and secondary labor markets; primary markets offer better jobs with higher wages and benefits, while secondary markets tend to have lower-paying, less secure jobs. For example, a skilled worker might find a well-paying job in a primary market, while an unskilled worker might struggle to secure a stable position in the secondary market. This segmentation can be influenced by factors like education, race, and gender, which can limit access to better jobs for certain groups. Understanding labor market segmentation helps us see why some workers face more challenges in finding good employment than others.

Detailed Explanation

Other options are incorrect because This statement is incorrect; This is wrong because the secondary labor market usually lacks job security and benefits.

Key Concepts

Labor Market Segmentation
Primary and Secondary Labor Markets
Income Distribution
Topic

Labor Market Segmentation

Difficulty

easy level question

Cognitive Level

understand

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