Labour EconomicsAssignment #1About this assignment:This assignment requires you to explore one or more aspects of labour economics within thecontext of a particular company, industry, or economic...

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Labour Economics
Assignment #1
About this assignment:
This assignment requires you to explore one or more aspects of labour economics within the
context of a particular company, industry, or economic sector, of your own choosing.
For this assignment, you are required to:
 Describe the economic aspect(s) included
 Describe the company/industry
 Describe the impact/relevance of the aspect to the company/industry
 Thoughtfully analyze issues relevant to the chosen aspect in relation to the chosen
company/industry
 Identify and/or propose solutions to any problems or remedies for negative impacts as
well as ways to capitalize on opportunities or mitigate any potential issues.
 Draw conclusions and create a summary that ties all elements of the paper together
and brings the document to a logical conclusion
The assignment has to be completed individually.
The paper should include your own research of the subject matter explored, with proper
references provided. Research should extend beyond the text, to include sources such as
company or corporate websites, news media, and/or third-party websites.
The information presented should not only be accurate and factual, but include your own
thoughtful analysis of what the information means to the company/organization, the
Canadian/global economy, or both.
An example of a company could be "Honda"; and example of an industry could be the Auto
Sector; an example of an economic sector could be "Manufacturing" - you may choose to
examine one, several, or all in your assignment.
Examples of aspects of labour economics should primarily be drawn from (but certainly are
not limited to) Chapter 3: Institutional Aspects of the Labour Market.
This Assignment is worth 10 marks, 5% of your final course grade (assessment rubric
below)
Due date: Late papers will be assessed a penalty of 10% of the grade assigned for
each week late beyond the due date.
2
ASSIGNMENT #1 RUBRIC
Labour Economics
DATE DUE: November 10th, 2022
VALUE: 10 Marks = 5% of overall grade
NAME:
Cover page (assignment name, student name and student number,
course name, submission date and instructor’s name), reference page and
formatting…………………… / 1
Organization (The flow of the document leads the reader in a clear direction with information
clearly organized in a manner that is highly
readable.).………………………………………..…………………….. / 1
Economic Aspects Reviewed (The document deals with three or more economic aspects
relevant to the course.)…………………………………….. /1.5
Accuracy of information (The information related to the economic aspects dealt with and the
company/industry covered is accurate and well cited and easy to verify.)
………………………… / 2
Analysis of Issues (The document contains a good deal of thoughtful analysis from the
author(s)). ……………………………………………………………….. /2
Summary and Conclusions (The document includes a well-crafted summary and conclusion
section that ties all elements of the paper together and brings the document to a logical
conclusion.)…………………………………………………. /1
Length (The document is between 4 - 6 pages in length (not including title page and
references). ………………………………………………………… /.5
Spelling and Grammar (The document is free of grammar and/or spelling errors)
………………………………………………………………………… /1
Total mark……………………………………………………………………… /10
assignment-1-hmdsmxzt.pdf
Answered 3 days AfterOct 27, 2022

Answer To: Labour EconomicsAssignment #1About this assignment:This assignment requires you to explore one or...

Bidusha answered on Oct 31 2022
48 Votes
Labour Economics        2
LABOUR ECONOMICS
Table of Contents
Introduction    3
Economic Impacts of Aviation Industry    3
Analysis of Issues affecting Aviation Industry    5
Solutions to the Identified Issues    6
Conclusion    7
References    9
Introduction
The nation's extending air transportation industry is a significant supporter of Canada's economy. Without a serious airport area and a useful airline business, Canada's corporate and social establishments cannot work at their maximum capacity. Air travel is essential to Canada's financial future as well as empowering residents to stay in touch with each other and their friends and family any place on the planet. In the advanced world, aviation influences pretty much every part of our lives. Corporate travel, worldwide stock organizations, and the travel industry and business even more extensively are factors in the situation.
The most critical parts of the undertaking are the pursuit and salvage and clinical clearing exercises. It conveys food and different necessities to distant regions. In addition to other things, it upholds global security, peacekeeping, and public guard. It assumes a critical part in day-to-day existence, and the interest for talented aviation staff is rising. Canada has a merited standing as one of the top countries on the planet on the grounds that to its gifted labour force, unrivalled products, and top-notch administrations.
Economic Impacts of Aviation Industry
Sends out are a significant wellspring of employment for one of every three Canadians. Canadian business pioneers are progressively utilizing the country's air transportation organizations to investigate new business sectors, meet clients, and commodity their products to stay cutthroat. Moreover, most purchasers of Canadian merchandise, administrations, and unrefined substances are situated beyond the country, and a sizeable measure of the nation's products come from its distant northern regions. The improvement of Canada's economy, both locally and universally, relies intensely upon the nation's air transportation area. Canada's air transportation framework makes global exchange and speculation conceivable. A lively and productive air transportation framework is worthwhile for the industry as well as the country's economy and general prosperity.
The direct financial impact of Canada's airports in 2016 was more than 139 000 employment, 19 billion bucks in Gross domestic product, and 13 billion bucks in compensation (Business, 2022). In spite of the fact that airports give critical monetary commitments, their significance in growing open doors and offering help for every Canadian business and residents is a lot more noteworthy. Organizations across a scope of areas benefit from Canada's airports' ability to draw travelers, advance exchange, and venture, and make occupations. At the point when roundabout and initiated information are considered, complete monetary action, Gross domestic product, employment, and profit reach $79 billion.
The COVID-19 epidemic deplorably affected the airline industry, which had encountered an expansion in yearly rush hour gridlock over the former 10 years following the downturn in 2009. With a sum of 28.4 million travelers, Canadian airlines shipped short of what 33% of the 94 million travelers flown in 2019, preceding the pandemic. 2020 saw a drop in Canadian airline working income to $12.2 billion, which is not exactly 50% of what it was in 2019. A more than $5 billion diminishing in net working pay from 2019 was brought about by...
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