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Text 7. U.S. Labor Standards
Economists attribute some of America's economic success to the flexibility of its labor markets. Employers say that their ability to compete depends in part on having the freedom to hire or lay off workers as market conditions change. American workers, meanwhile, traditionally have been mobile themselves; many see job changes as a means of improving their lives. On the other hand, employers also traditionally have recognized that workers are more productive if they believe their jobs offer them long-term opportunities for advancement, and workers rate job security among their most important economic objectives. The history of American labor involves a tension between these two sets of values – flexibility and long-term commitment. Since the mid-1980s, many analysts agree, employers have put more emphasis on flexibility. Perhaps as a result, the bonds between employers and employees have become weaker. Still, a wide range of state and federal laws protect the rights of workers. Some of the most important federal labor laws include the following.
sss 1. In what way is the US labour market characterized? 2. What are the two sets of values which influence labour markets? 3. Which trend has prevailed since the 1980s? 4. What are the most important labour laws in the US? 5. What aspects of discrimination are covered by US laws so far?
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