Do you think that it make sense! Please try to open your eye on the issues around you, and pick one that caught your interest and personal inclination.
MS thesis is supposed to be a non-plagiarized, original piece of work. If you have to ask about even the topic of your research then you are plagiarizing some one else's ideas.
Firstly, identify a real-world issue that you have thought about, reflected on, explored mentally, wondered how to solve.
Issues can be tackled from many angles. Some possibilities include, demographics (youth in labour force, aging labour force), spatial/geography (stickiness from separation between location of areas of work demand and areas of work supply), Future of Work (technology, Artificial Intelligence, Fourth Industrial Revolution, Decline of Routinised Work, Robotics), training (reducing mis-match between competence needed at workplace and competence delivered by training institutions), soft-skills (values, beliefs, ethics), workplace sociology (quality of management, motivation, collaboration, engagement, commitment), work-life balance (quality of living in the modern age and the intersection with work), green work / green jobs (transforming work to be in harmony with sustainable earth), productivity (issues of innovation, multi-factor productivity, capital productivity, labour productivity on firm performance and competitiveness and economic prosperity), non-business (impact of NGO's, public sector on efficiency of labour economy), gender (male, female, transgender, glass ceiling), work and recreational drugs (cannabis use and workplace issues) etc etc etc
Most of all, select a topic that you are passionate about and reflects your own interests.
Sharing a paper from Devon Lynch as well as one on my own publications to generate some other ideas
Best of success with your topic
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"Labour Economy" use these two key terms and extensively read as many papers and books on them. Try to evaluate and synthesized each by bringing out how each paper relates to one another. The idea is like lights of stars in the night. By implication, you can do meta analysis to identify how the papers discuss about the terms and how else they didn't. From there you may have a researchable topic which may interest you. With this skill, you have the insight of what you wish to study, with interest.