Sentence examples for surplus of labor from inspiring English sources

China has an enormous surplus of labor, and everyone wants the protection of a government job with its implicit offer of lifetime tenure.

And here's the answer: businesses make long-term decisions that influence hiring patterns over time, and those decisions continue to shape their behavior even when there is a surplus of labor.

In any model of capitalism, one finds that when production is up and the costs associated with labor rise, capitalists favor a surplus of labor to keep capital's costs down.

At the rate these technologies are improving, we may well be heading toward a time when most jobs can be done by machines of various kinds – where humanity's output is collectively vast but where there's also a vast surplus of labor and, for many, no prospect of employment that pays enough to afford the bounty.

In the North, urbanization and an unprecedented influx of immigrants from Southern and Eastern Europe supplied a surplus of labor for the country's industrialization and transformed its culture.

It would be pretty unlikely for an economy that is investing almost half of its GDP and has a structural surplus of labor to hit meaningful capacity constraints and "overheat" in the usual sense.

These cities provide a surplus of educated labor, easy access to other big companies, transportation hubs and a myriad of cultural opportunities.

In the real-world 21st Century global economy, we have a huge surplus of cheap labor around the world.

As a result of economic reforms, a surplus of rural labor and desperate rural poverty, internal migration has drastically increased in China in recent years.

In Stavropol', this involves a shrinkage of animal husbandry and a consequent release of surplus labor, increased levels of absentee (corporate) ownership of farmland in the more favorable locations, decoupling of the economic fate of successful large farms from deficient local municipal budgets, and an expansion of non-Russian ethnic communities in the countryside (Ioffe et al. 2014).

The floodgates of immigration are opened up enough to make a labor surplus so labor costs can recede to an acceptable level.