Taken as a whole, U.S labor law is most closely aligned with industrial relations one of the four schools of thought on the labor problem.
The United States' labor laws define the obligations and rights of workers, labor organizations, and employers. The primary goal of labor law is to address the "inequality of bargaining power" that exists between employees and employers, particularly those that are "organized in the corporation or other forms of ownership organisation."
The federal legislation governing minimum wage, overtime compensation, child labor, recordkeeping, and additional minimum wage requirements that apply to the majority of private and public employees is known as the Fair Labor Standards Act (FLSA).
The multidisciplinary academic discipline of industrial relations, sometimes known as employment relations, focuses on the employment relationship, or the intricate interactions between employers and employees, labor/trade unions, employer groups, and the state.
The term "industrial relations" refers to any interactions between employers and employees, whether they take place at the national, regional, or corporate levels, as well as to all discussions on social and economic issues like wage determination, working hours, and working conditions.
Hence, Taken as a whole, U.S labor law is most closely aligned with industrial relations one of the four schools of thought on the labor problem.
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