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As a result, the capacity of manufacturing to absorb labor has become much more limited.
The difference between job growth of 1.66 million jobs and job growth of 2.26 million jobs is the difference between an economy creating insufficient jobs to absorb labor force growth and an economy experiencing healthy employment growth.
We also need a significant, permanent program to absorb excess labor (an explicit part of the Humphrey-Hawkins law).
China has pegged 8percentt growth as the minimal level desired to absorb surplus labor and ensure social stability.
That would add to the ranks of the officially unemployed, causing the jobless rate to rise, perhaps dramatically — unless jobs are being created to absorb the labor glut.
The manufacturing industry is a major industry to absorb the labor in China.
In Japan, big companies have traditionally used their pyramid of mom 'n' pop supplier companies to absorb surplus labor.
Businesses absorb higher labor costs, they argue, through reduced turnover, greater employee productivity and some price increases passed on to consumers.
The fee, dubbed a "living wage" surcharge, is meant to absorb additional labor costs, which the company estimated at $1.4 million a year.
Business outsourcing absorbs some educated labor but does little for the unskilled.
In essence, the deal barred companies from replacing senior workers and required them to absorb the same labor costs as their predecessors and competitors.
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