What does labour supply mean?

Definitions for labour supply
labour sup·p·ly

This dictionary definitions page includes all the possible meanings, example usage and translations of the word labour supply.

Wikipedia

  1. Labour supply

    In mainstream economic theories, the labour supply is the total hours (adjusted for intensity of effort) that workers wish to work at a given real wage rate. It is frequently represented graphically by a labour supply curve, which shows hypothetical wage rates plotted vertically and the amount of labour that an individual or group of individuals is willing to supply at that wage rate plotted horizontally. There are three distinct aspects to labor supply or expected hours of work: the fraction of the population who are employed, the average number of hours worked by those that are employed, and the average number of hours worked in the population as a whole.

Wikidata

  1. Labour supply

    In mainstream economic theories, the supply of labour is the total hours that workers wish to work at a given real wage rate. It is frequently represented graphically by a labour supply curve, which shows hypothetical wage rates plotted vertically and the amount of labour that an individual or group of individuals is willing to supply at that wage rate plotted horizontally.

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Numerology

  1. Chaldean Numerology

    The numerical value of labour supply in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of labour supply in Pythagorean Numerology is: 7


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"labour supply." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/labour+supply>.

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