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There is a good supply of labor.
B) Economic growth increases the supply of labor, thereby increasing wages.
Running apprenticeship programs, guilds controlled the supply of labor at the time.
So what's with this apparent massive and persistent excess supply of labor?
You still have the productivity story, but the supply of labor has tightened.
The fall in injuries also raises the supply of labor available for work.
They vary according to locality, demand for services and supply of labor.
It was the second weekly drop, and suggests that the supply of labor is still shrinking.
So if there were really a large excess supply of labor, shouldn't we be seeing wages plummeting?
By raising the reward for working, this tax credit also tends to increase the supply of labor.
Another is the effect of population trends on the supply of labor and on savings and investment rates.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com