2006Journal of Lanzhou Commercial CollegeRequires access

On the Function of Internal Labor Market in the Human Resources Disposal

Juanjuan Chen

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Abstract

Under the market economic system,the labor market isn't united or integrated one as said by the new-classical theory.If looking the contacted point between corporation and market as a border,we can divide the labor market into two parts:the internal labor market and the external labor market.Because corporation can lower the labor shifted cost effectively through the internal labor market and get enough information about the labor quality,it seems necessary to build reasonable and effective internal labor market.The internal labor market plays an important role on human resources disposal and economic effectivenes.

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Under the market economic system,the labor market isn't united or integrated one as said by the new-classical theory.If looking the contacted point between corporation and market as a border,we can divide the labor market into two parts:the internal labor market and the external labor market.Because corporation can lower the labor shifted cost effectively through the internal labor market and get enough information about the labor quality,it seems necessary to build reasonable and effective internal labor market.The internal labor market plays an important role on human resources disposal and economic effectivenes.

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Available abstract

Under the market economic system,the labor market isn't united or integrated one as said by the new-classical theory.If looking the contacted point between corporation and market as a border,we can divide the labor market into two parts:the internal labor market and the external labor market.Because corporation can lower the labor shifted cost effectively through the internal labor market and get enough information about the labor quality,it seems necessary to build reasonable and effective internal labor market.The internal labor market plays an important role on human resources disposal and economic effectivenes.

Key concepts: Secondary labor market, Personnel economics, Factor market, Corporation, Labor relations, Labour economics, Split labor market theory, Implicit contract theory

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