labour supply

Frequency: 7.09.9 per million words

The number of people who are willing and able to work.

labourlabour/labor + NOUN

Categories:

supply

Examples (10)

  • The aging population is shrinking the country's labour supply.
  • Economists are analyzing the elasticity of the labour supply in response to wage changes.
  • The government introduced new policies to increase the female labour supply.
  • Immigration is a key factor in augmenting the national labour supply.
  • A shortage in the skilled labour supply is affecting the tech sector's growth.
  • Technological advancements could drastically alter the future labour supply and demand.
  • What are the main determinants of a region's labour supply?
  • The industrial revolution created a huge demand for an urban labour supply.
  • Globalization has led to a more integrated global labour supply.
  • Companies may need to offer higher wages to attract workers from a limited labour supply.