(This is a current page, from the Patterns of Power Edition 3 book contents. An archived copy of this page is held at https://www.patternsofpower.org/edition03/3314.htm)
Economic regulations may include some safeguards to protect employees, as socio-economic rights:
- Most countries operate a minimum wage policy (220.127.116.11).
- Health and safety regulations protect employees.
- Employees may be entitled to a period of notice before terminating employment, and they may also be entitled to redundancy payments.
These regulations all impose a cost upon employers, so they affect the operation of the labour market.