Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Estimating Occupational Structure of the Labour Force within Economic Sectors in the Target Year
The total output in the economy, the sectoral shares therein and labour productivity in each sector are now known for the target year. However, the input ‘labour’ is not a homogeneous category. There are a large number of persons with diverse occupational skills in each economic sector. There is need for information about the occupational structure of the economic sectors not only in the base year but also in the target year. The structure would have changed because of several interventions.
For this purpose, a typology of occupations is required so that a large number of occupations can be classified for operational purposes. The census of India follows an eight-fold classification of occupations for reporting about the occupational structure of the labour force. There is also an International Standard Classifications of Occupations (ISCO). The classification of occupations made at the first layer under the ISCO is as follows:
The proportion of persons in each of these eight major occupational groups in the ten major industrial sectors of the economy are estimated for the base year. These proportions will change for the target year in relation to changes in the economy, technology and investment policies. The sum of occupational distributions of persons in all the ten economic sectors derived on the basis of proportions estimated for the target year will provide the aggregate distribution in the economy. For instance, sales workers in all economic sectors could be aggregated to get total sales workers in the economy. The same procedure applies for other occupational groups.
if the marginal production of labor is rising, is the marginal cost of production rising or falling? Briefly explain
An Exception: OECD Economies It isn't inevitable that there be such divergence. United States--with its 14 to 25-fold increase in output per worker over the years since 1870-ha
Type of total outlay
Income and Substitution Effects: Normal Good * The Special Case--The Giffen Good - The income effect may be large enough theoretically to cause the demand c
#i need more light about it..
how to write an half equation
Provide an economic explanation of what you have shown in your diagram above. Iceland was a small open economy with perfect capital mobility. Consequently, the equilibrium domesti
Illustrates the stages of the production of an economic conclusion? The production of an economic conclusion generally goes into three stages as follows: Stage 1: It is no
the law diminishing marginal utility explain through flow chart
Revise business plans to incorporate appropriate changes.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd