As an illustration of one method of labor market discrimination, shifting standards are used.
Labor market discrimination, according to economists, is the practice of treating unequally materially productive people based on an outward trait.
Firms are now willing to pay more for an hour of labor (shift to the right) or less for an hour of labor (shift to the left) when the demand for labor shifts (shift to the left). In general, businesses will expand their workforces as long as the new costs are offset by the increased revenue.
Wage discrimination, employment discrimination, employee discrimination, and customer discrimination are the four primary forms of discrimination in the labor market. The most prevalent kind of labor discrimination is wage discrimination.
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