The phrase "a shrinking labour" is correct and usable in written English.
It can be used to describe a workforce that is decreasing in size or availability, often in the context of economic discussions or labor market analyses.
Example: "The region is facing economic challenges due to a shrinking labour pool, which is affecting local businesses."
Alternatives: "a declining workforce" or "a diminishing labor force."
China's rapid ageing, combined with a shrinking labour force, will "fundamentally reshape the Chinese economy and society", he suggests.
A shrinking labour force implies a slower growth rate, future problems for financing public-sector pensions, and greater opposition to reform than in a more youthful country.
Take away Hispanics and other fast-growing minorities, and America's numbers look like those for Italy, a country full of pensioners with a shrinking labour force.
Britain's jobs market has consistently beaten records in the past year but the pay growth that usually comes with a shrinking labour pool has been troublingly absent.
With a shrinking labour force, the standard estimate for Japan in 2012 – that is, before Abenomics – had output per employed worker growing by 3.08% year on year.
Authorities have begun to accept (much too late) the demographic downsides of maintaining a one-child quota: among them a shrinking labour force and an ageing population that will put a strain on a smaller generation of children and taxpayers.
The labour minister, Tobias Billstrom, says foreign workers are needed to counter a greying population and shrinking labour force.
What it reflects, though, is an arithmetical calculation based on two numbers: the shrinking labour force just described; and the slow annual growth in productivity in the 1990s of about 2%, a whole percentage point less than in the 1980s.
Space needs to be made in the public purse for child care, pensions and medical costs.A shrinking labour force, with efforts to give women a bigger role, also means that the great worry of the past five years that the rise of part-time and contract workers was producing a two-tier workforce is likely to fade.
In March 2009, the international immigration analyst Arno Tanner warned that in Africa "the mixture of rising food prices, increasing difficulty to secure international loans, deteriorating export avenues, and shrinking labour markets will cause brain drain, societal unrest, and conflict".
Some are moving to Germany, which has a shrinking domestic labour force.
