Labour Market: Interesting articles

There is so much in the media about the labour market it can be hard to keep up. Here are some interesting articles that relate the theory discussed in lessons to real life.

Lack of skills and impact on wages

Gender gaps

Tackling the gender pay gap

Discrimination and Wage Differentials


This is a common theme in ECON3 exams – and rightly so.

How far do economic theories help to explain the differences in pay between genders and ethnic backgrounds?

This BBC article is an interesting starting point. Read it and use a diagram to illustrate the wage differential it describes.

Further info about imperfections in the labour market can be found here. Also, it’s worth checking you understand some of the key legislation relating to labour markets.