Supply of workers

What is Supply of workers?

Supply of workers meaning in Labor terms is Often refers to the labor force. The concept focuses on worker characteristics, especially their education and training, but also characteristics such as experience (often considered to be correlated with age), physical strength (often considered to be inversely correlated with age), ability to work in teams, etc. Some demographic characteristics that are not to be considered in hiring and promotion decisions, but that are studied, include gender, race, ethnicity, parental and marital statuses. More information (PDF)

 

reference: Glossary: U.S. Bureau of Labor Statistics – United States Department of Labor

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