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Employment Regulation and Labor Law

Employment Regulation
Why does the United States have so many laws, acts, and policies designed to prevent and/or remedy discrimination in the workplace? How effective do you think these regulations have been? Is further legislation needed? Are there any laws or policies you believe are no longer relevant or needed in today's workplace?
address the following:

* Provide a brief explanation of the economic theory of statistical discrimination as it relates to the workplace.
* Compare and contrast statistical discrimination with the theory of unconscious bias.
* In your opinion, do these theories support the need for anti-discrimination laws and policies? Explain your reasoning.
* Are there any current laws and policies relating to workplace protection that you think are no longer needed? Explain your reasoning.
* Is additional legislation or enforcement needed in the area of anti-discrimination in the workplace? Explain your reasoning.

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Employment and Labour Law in United State

Managing human resources at work place is a very difficult task for the organizations as well as for the nation. United State has many laws, regulations and policies to manage workforce at workplace. This paper discusses about economic theory of statistical discrimination, its comparison with theory of unconscious bias and current laws and policies in the United State.
Economic Theory of Statistical Discrimination
Economic theory of statistical discrimination is based on employer information costs, uncertainty and labour market segmentation. According to this theory, employers are not prejudiced against women. Economic theory believe differences in average, productivity, skills and experience of different group of workers and take a high search and information cost to identify and decide in whom to hire and promote such as men and women (Akerlof & Kranton, 2010).
Compare and Contrast of Statistical Discrimination
In statistical discrimination employer utilizes information based on the average characteristics of a particular group such as men and women ...

Solution Summary

The solution discusses employment and labor law.