Introduction
In the labor market, there are several factors which affect it. The market comprises of ethnic groups, social class and sexual orientation. (Pager, D.2009). In this paper, I am going to discuss about the effect of race/ethnicity, social class, or sexual orientation on labor market.
First and foremost, the issue of ethnicity and race in the labor market has really been an issue since in most of the highly racist countries, the black are looked down upon and they cannot be treated the same way like the whites. They suffer from wage inequality as well as stereotyping and discrimination.
In the western countries, research shows that social class majorly contributes to the retirement process. This is more so when risk retiring involuntarily. Factors affecting employment as well as economic incentives mainly affect workers who belong to different social class. (Muhs, G. & Flore, T.2012). For instance, when you are a PHD holders you belong to a different social class with a high school drop out high school drop out in this case belong to a lower hierarchy in terms of social class and are likely to be discriminated in the labor market.
Finally, another factor which has shown to have a lot of influence in the market is the gender orientation. Most studies have it that when one falls under the lower category of hierarchy in terms of gender, then she/he is disadvantaged since this group can be faced with lower pay together with stereotypes and discrimination in the labor market. This is evidenced in the fact that mostly women are hired for exploitive domestic works. (Siltanen, J.2008).
Conclusion
For the purpose of the productivity of the labor market, the act of discrimination and stereotyping should be avoided among the workers. Instead, the workers should consider education, experience, and skill while looking for employees. (Pager, D.2009).
References
Bergman, Barbara R. (1974). “Occupational Segregation, Wages and Profits When Employers Discriminate by Race or Sex” Eastern Economic Journal 1(1-2): 103-10
Muhs, G. & Flore,T. (2012). Presumed Incompetent: The Intersections of Race and Class for Women in Academia. Utah State University Press.
Pager, D.(2009). Marked: Race, Crime, and Finding Work in an Era of Mass Incarceration. University of Chicago Press.
Siltanen, J. (2008). Gender Relations in Canada: Intersectionality and Beyond. Toronto: Oxford University Press.