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This article discusses how a flexible labor market model can only lead to less permanent-job contracts, lower wages, and even lead to eventual unemployment. For example, the share of employees with temporary contracts is much higher in the EU than in Romania, however, it has been noted that the EU has higher unemployment rates than Romania... Further consequences of the implementation of a flexible labor market model are also evaluated. Link to "What is a Flexible Labour Market?": http://tutor2u.net/economics/revision-notes/a2-macro-flexible-labour-markets.html

The article discusses the reason why India's private sector employment is relatively low given the high economic development and prosperity. Wages are said to not have risen to levels suggested by per capita income figures and this has been attributed to the plethora of cumbersome laws and regulations that govern Indian labour markets. Due to the inflexibility, private sector employers respond by not hiring too many workers in the first place due to fear of disputes. At least 45 laws exist at the national level, and up to 4 times as many at the state level. The author cites a change in government's attitudes to labour market as the remedy to India's unemployment.

This article explains how Germany has been able to stave off current trends and maintain a robust economy. Instead of firing workers to save money it has retained them saving their human capital. The also excel because they focus on small businesses that are usually niches and they also have very smart outsourcing practices.

In this article Is vividly shown UK's 2010 labor market and here is also discussion whether its good or not

While the economic definition of 'scarcity' may seem obscure to this particular scenario, on closer inspection we find that the definition of 'unlimited needs/wants but limited resources' can indeed be applied to the scarcity of jobs as a result of the recession. The 'want' in this case is labour seeking employment and the limited resource is the relative liquidity of business. While this article is generally about foreclosure and its effect on the economy, I feel it demonstrates a highly relevant application of economic scarcity in the current environment.

I totally agree with you and the website. Jobs are also a scarcity problem. Because resources cannot be limited (some maybe not), but jobs is definitively limited, due to the fact, there are not enough jobs for everyone. Day by day, people are suffering more to find jobs, due to the amount of people trying to get them. Popularity in the world is increasing greatly, jobs is not so much; therefore, jobs is a scarce "good".

Jobs are the main scarcity problem in my country and I think it's a huge problem for the world too. Like resources, there are limited amount of jobs for the people and sometimes adults stay jobless. As the world's population increases, number of unemplyed people increases too. When there was an economic crisis in the world, many poeple were fired from their jobs.

This article discusses how the labor market in Germany has improved over the past year, especially recently in January and February 2011. Unemployment has declined sharply by over 75,000!

The labor market in Germany has improved and unemployment declined thanks to the country's solid economic upswing.

This article discusses how Germany's labor market improved sharply in February and unemployment declined by much more than expected, owing to the country's solid economic upswing and increase in aggregate demand for jobs in the country. And demand for employees continues to increase...

We all know Spain is one of the worst affected economies that crisis has left, due to many circunstances which won´t be exposed here. This artcle is releated with the course as it talks about the evil: unemployment and how it is growing at Europe

This article talks about how the unemployment rates are starting to strike Europe too, making special emphasis on the fact of the unemployment rates in some countries such as Spain and Ireland, that are passing through several difficulties recently.

This article talks about how the self-developed protectionism (with a combination of tariffs and legislation in favor of domestic supply) of the brazilian economy is threatening its economy.

"According to the National Carmakers' Association, poor infrastructure and pricey credit and labour mean that making cars is 60% more expensive in Brazil than in China. Local manufacturers have long relied on high tariffs." I understand why Brazil wants to protect their car industry, however shouldn't it be time to look at why there is such high foreign competition, maybe if they would use the revenue the government earns from the tariffs, they could implement training programs or educational programs to increase workers productivity and therefore in the long run decrease the prices consumers have to pay.