Re:Young and Educated in Europe, but Desperate for Jobs
by e12e on Sunday November 17, 2013 @06:41AM
(#6748509)
>> buyers market (employers purchasing wage labour)
>
> That's not what 'buyer's market' means.
That parentheses explain what I mean by market (the labour market) -- was that unclear? The rest of that sentence tried to highlight what "A situation in which supply exceeds demand, giving purchasers an advantage over sellers in negotiations" generally means in the labour market.
If one side might loose a few days of productivity by holding out for a better deal, and the other side will loose their home and starve -- that's a pretty uneven balance of power.
That parentheses explain what I mean by market (the labour market) -- was that unclear? The rest of that sentence tried to highlight what "A situation in which supply exceeds demand, giving purchasers an advantage over sellers in negotiations" generally means in the labour market.
If one side might loose a few days of productivity by holding out for a better deal, and the other side will loose their home and starve -- that's a pretty uneven balance of power.