Analyse the following assertions. State whether they are true, false or uncertain and explain why. (a) The COVID-19 pandemic has accelerated existing trends in the labour market such as e-commerce, automation, and remote work. It is plausible to think that working from home at least part of the workweek will be a common feature of the labour market in the post-Covid era. Firms that are willing to offer flexibility in the number of hours worked from home may be able to reduce wages while maintaining their work force. (b) Royal Holloway cannot attract or retain good faculty by offering higher salaries, because anyone who is attracted by high salaries will go to work in the finance industry. Suppose that it is true that many faculty members could get jobs in industry paying at least 50% more than RHUL pays.
