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Local labor markets
Examining Globalization's Impact on Regional Employment
December 27, 2023
What are the effects of globalization on local labor markets?
Globalization influences local labor markets by increasing competition, facilitating international trade, and enabling the movement of labor across borders. While it can create opportunities for specialized industries, it may also lead to job displacement, wage pressures, and inequality in certain regions.
Tags : Globalization , Local Labor Markets , Economic Integration