The phrase "adjusting labor" is correct and usable in written English.
It can be used in contexts related to modifying work schedules, tasks, or workforce management.
Example: "The company is focused on adjusting labor to meet the fluctuating demands of the market."
Alternatives: "modifying workforce" or "altering work hours".
That is, the higher adjustment cost of existing workers makes firms adjust labor input by reducing new hires from the labor market.
Inflation-adjusted labor costs in China have more than tripled in the past decade.
Second, cohorts having sufficient number of working periods prior to the retirement age are able to adjust labor supply to optimal levels by changing the hours worked.
This asymmetric wage impact indicates that the wages of workers under fixed-term contracts can be manipulated by firms to adjust labor cost.
We also find that under plausible calibration, welfare effects are generally positive for all cohorts, provided that agents have sufficient time to adjust labor supply and savings to the changing conditions.
While our results not adjusting for labor force partipation are similar to those observed by Blakely et al. in New Zealand, this study finds that after adjusting for labor force participation the association of mortality with income is markedly attenuated, in contrast with our findings [ 8].
The program cost estimates, based on similar homes overseas and adjusted for labor costs in the United States, are about $3.5 million a year.
Worse, today it would distract us from thinking about the real issue: How do we adjust our labor market to the simultaneous intensification of globalization and the I.T. revolution, the biggest thing happening in the world today?
In either case, the firm's workers anticipate prolonged separations and adjust their labor market decisions.
As compared to indefinite-term contracts, fixed-term contracts should provide firms with the ability to adjust their labor cost.
