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Previous studies have found evidence of upward pressures on wages as a result of firms increasing their scale of production (and raising their demand in factor labor) to meet the increased demand for outputs by new immigrants (Altonji and Card 1991).
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Technology would worsen "unemployability" across the economy as a whole only if the demand for output were fixed.
where ε is the price elasticity of final demand for output, P and Q initial price and quantity and ΔP and ΔQ are changes of prices and quantity.
Supply (production of goods and services) creates a matching demand for the output and this results in the entire output being sold and consumed.
Let x i denote the total output of sector i and y i the total final demand for the output of sector i.
Nurkse states that if demand for the output of one sector rises, due to the complementary nature of demand, the demand for the output of other industries will also experience a rise.
Demand for BBC World Service output has soared since the Ukraine-Russia crisis began.
Demand for that output has slumped, both at home and in Asia.
As long as the demand for this output rises no faster than productivity, companies can get by without adding workers.
The new transport companies not only enabled factories to obtain raw materials and to ship finished products over increasingly large distances, but they also created a substantial demand for the output of the new industries.
One general tendency is that as standards of living rise the service industries absorb a greater proportion of the labour force, because the rising demand for their output is not generally offset, as in manufacturing, by a progressive reduction in the amount of labour required to produce a given output.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com