Celebrating humanity's flourishing through the spread of capitalism and the rule of law
19 Apr 2016 Leave a comment
in labour economics, labour supply, managerial economics, market efficiency, organisational economics, personnel economics, politics - New Zealand Tags: British economy, British politics, employment law, employment regulation, fixed costs of working, part-time work, The fatal conceit, The pretense to knowledge, zero hours contracts
Revealed preference rules. Not only do about half of unemployed turned down offers of zero hour contract jobs, those that switch from a zero hours contract to minimum hours are not much different from the number of people in these type of jobs who would be quitting to another job anyway.
Source: McDonald’s Workers Are Just Lovin’ Their Zero Hours Contracts – Forbes and McDonald’s offer staff the chance to get off zero-hours contracts | UK news | The Guardian.
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