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Definiton - Essay Example

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According to neo-classical economists, labor market segregation is a non-competitive market which consists of different sub-groups with limited crossover capacities, thus each group receive different remuneration.
Labor market discrimination is the process by which imperfect…
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Download file to see previous pages This is also a theoretical explanation explaining why employers pay minorities less amounts.
Socialization is the process of interaction between members of a given group as they share ideas, concepts, or thoughts with a given environment. Or socialization is the process through which people acquire the language, social skills, value, and knowledge which helps then to conform to the societal norms and values.
Title VII of the Civil Rights Act of 1964 is a legal provision which prohibits discrimination in all the employment sectors based on race, religion, gender, color, nationality, or pregnancy. Is main aim is to promote fairness and create ‘level the playing field’.
Disparate impact occurs when rules and regulations governing all workers in the labor market have a more inhibiting or different effects on a particular group (women and minority) than it impact on the majority.
Affirmative action is a policy enacted by a state to increase or create more opportunities to the underrepresented members of the society without considering their color, race, sex, religion, or nationality.
Comparable worth – is a job concept with requires that jobs with comparable knowledge, skills, and abilities should be given equal recognition through same salary irrespective of age, sex, gender, color, or race of the employee.
Least squares regression analysis is a statistical technique which seeks to investigate the degree of association which exists between the independent and dependent variables using the line of ‘best fit’ ...Download file to see next pagesRead More
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