Labour Mobility
Labour mobility refers to the ability of workers to move between jobs, industries, or geographic locations in search of better employment opportunities. This movement can be influenced by various factors, including economic conditions, personal circumstances, and government policies. High levels of labour mobility can lead to a more efficient workforce, as skills are matched with job demands.
There are two main types of labour mobility: geographic mobility, which involves moving to different locations, and occupational mobility, which involves changing professions or industries. Both types contribute to a dynamic economy, allowing workers to adapt to changing market needs and enhancing overall productivity.