• In economics, the labor demand of an employer is the number of labor-hours that the employer is willing to hire based on the various exogenous (externally...
    5 KB (884 words) - 14:23, 3 March 2021
  • Thumbnail for Supply and demand
    money supply and money demand to interest rates, and to relate labor supply and labor demand to wage rates. The 256th couplet of Tirukkural, which was composed...
    36 KB (4,859 words) - 12:23, 14 October 2024
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    the economy and inefficiencies inherent in labor markets, including a mismatch between the supply and demand of laborers with necessary skill sets. Structural...
    139 KB (15,724 words) - 20:43, 9 October 2024
  • The consumers of the labor market are firms. The demand for labor services is a derived demand, derived from the supply and demand for the firm's products...
    5 KB (756 words) - 11:22, 10 May 2024
  • Thumbnail for Factor market
    of labor, w (the wage rate) on the vertical axis. The price of labor and the quantity of labor demanded are inversely related. If the price of labor goes...
    20 KB (3,042 words) - 17:14, 30 December 2023
  • economics, a conditional factor demand is the cost-minimizing level of an input (factor of production) such as labor or capital, required to produce a...
    4 KB (665 words) - 17:57, 14 August 2021
  • employer demands when compared to sixty years ago.[citation needed] The sociologist Arlie Hochschild provided the first definition of emotional labor, which...
    55 KB (6,739 words) - 09:28, 22 September 2024
  • Hicks–Marshall laws of derived demand assert that, other things equal, the own-wage elasticity of demand for a category of labor is high under the following...
    1 KB (189 words) - 21:12, 13 January 2024
  • constraint on the amount of labor that can be supplied, is their effective demand for goods. In contrast, if there were no labor market disequilibrium, individuals...
    8 KB (1,030 words) - 23:19, 19 August 2024
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    organized labor training programs, benefit plans, dispute resolution and a labor supply meeting labor demand at many times or places. A labor supply arriving...
    14 KB (1,325 words) - 00:54, 2 October 2024