Harbridge, RaymondMcCaw, Stuart2025-05-192025-05-1919890113-1788https://ir.wgtn.ac.nz/handle/123456789/32692Labour market flexibility has been the labour relations catch-phrase of the late 1980s. A 1986 OECD report argued that economic efficiency would serve individual welfare and social progress and that such efficiency would be facilitated by labour market flexibility, defined as the ability of individuals in the labour market to abandon established ways and adapt to new circumstances. The report identified six components of labour market flexibility : labour costs; conditions of employment; work practises and work patterns; rules and regulations; mobility; and education and training (OECD, 1986). Consequent work by the OECD Secretariat has led to reports on labour market flexibility in various countries (Brunhes 1988, and Rojot, 1989). These comparative reports have handled the issue of labour market flexibility in terms of five components: external numerical flexibility; practices of "externalisation"; internal numerical flexibility;functional flexibility;and wage flexibility.pdfen-NZCopyright in articles published on this website remain the property of their authors/owners. If you use articles published on this website, you must: Follow the terms of the article licence (these can be found on the relevant article webpage) Cite the source* and acknowledge the copyright owner of the material Do not use the material in a derogatory manner or a misleading context You may satisfy the citation requirement in any reasonable manner based on the medium, means and context in which the material is used. For further recommended practices, see Creative Commons Recommended Practices for Attribution. Unless otherwise indicated, all other material on this website (including the Journals contained therein) is protected by copyright owned by the University or its related entities.https://www.wgtn.ac.nz/library/about-us/policies-and-strategies/copyright-for-the-researcharchiveLabour market flexibilitysettlementsText