Coursework.Info - Inspiration in an Instant

On the left is an image preview of every page of this document, and below are the first 150 words with formatting removed:

How does external labour market information help to plan human resources within the business? Firstly I think I need to explain what the external labour market is before I explain how it helps to plan human resources. Basically External Labour Market is made up of potential employees who have the skills and experience required at a particular time. These employees are usually found to be locally, regionally or nationally. There are a range of factors that affect the size and nature of these labour markets. There are a few things to analyse when looking at the supply of labour in the market: * Trends in the size/characteristics of the working population * Competition for labour * The overall level of economic activity * Education and training opportunities * The effect of government policies When looking at this information you have to look at key figures. All of the above have key elements that I will try to explain. Age...

Get instant access

• Instant, unlimited access to our documents in full
• Swap your work for free access, or pay £4.99
• To see the full version of this document and 151,784 others