Role and importance of Labour mobility (LM) IN 21st Century, Singapore

QUESTION:-

Critically assess the role and importance of labour mobility in meeting the
requirements of the Twenty-first Century labour market

• Format:
  A. General Introduction
  — describe what the essay all about and some flow of thoughts here.
  B. Some definitions and concepts on or related to Labour Mobility (LM)
  C. Discussion on 21st Century Labour Market: Globalization, free movement of
  capital/investment, finance, labor, MNCs and skill sets needed
  — do some research on textbook and other resources to find out some ideas on globalization, cross-border industries, and skill sets needed
  — sub-section like C.1, C.2 and so on may be needed for each point or idea
  D. Discussion on roles and importance of labor mobility to meet such requirements stated in C. (emphasis should be given on economic benefits)
  — do some research on textbook and other resources to find out some key
  arguments here.
  — sub-section like D.1, D.2 and so on may be needed for each point or idea
  E. Country Case Study
  — select a country with real practice of labor mobility (LM)
  — briefly describe how the LM is being practiced
  — relate some issues faced favorable or unfavorable to such implementation (this may amplify some points discussed in section C & D above)
  — student’s brief comments
  — sub-section like E.1, D.2 and so on may be needed for each point or idea
  F. Conclusion
  — sum upon the discussion above and personal comment on the importance of LM Students are advised to use their own headings for each section and free to present any other format as the students see appropriate. Most of the points here can be easily obtained from the textbook and online resources. Make some effort on that.
  =====================================
  Some pointers here:
•  Abilities to move around within and across different economies
•  Types: geographical and occupational, Horizontal labor mobility and Vertical labor mobility (others as well)
•  Increase SS of labor
•  Economic growth
•  Decrease wages
• Minimum wage
• Zero hour contracts
• Increase unemployment
•  Increase productivity
•  Immigration and local reaction
• Supply chain
• Skill sets needed by some industries but not available by local workers
• Regulations and employment policies
• Workers improve their personal opportunities and incomes
• Technology transfer and competitive advantage