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Labor Market Trends – US vs. Europe
Course#: 84

Category: Salary Administration

Field of Study: Economics

Audience: HR Managers, HR Generalists

Level of Difficulty: Intermediate

Delivery Method: Self-Study

Prerequisites: Some college level courses with moderate algebraic training

Advanced Preparation: None

Overview:
The pay gap is rising in the United States. Top earners are receiving higher salaries, while low-income earners have seen a drop in real wages. This course will look at the factors that have determined salary trends, including: unemployment rates, population growth, technology, labor unions, employment law, and offshore outsourcing. Then we’ll review how societal and governmental responses in Europe have led to more equitable salary levels but higher unemployment rates than are seen in the United States.

Learning Objectives:
  • Define the difference between wage differentials, wage inequalities, and wage dispersion
  • Describe the conditions under which more education leads to higher salaries
  • Explain the effects of offshore outsourcing and immigration on employment and salary levels in the United States
  • Explain two rationales for the high unemployment rates in Europe
Credit and Professional Continuing Education Information:

*The Course Credit Map displays credit types offered by location and corresponding lists of eligible courses.

Course Price:  Free!
Exam Price:  $24.95




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