In economics, the labor demand of an employer is the number of labor-hours that the employer is willing to hire based on the various exogenous (externally determined) variables it is faced with, such as the wage rate, the unit cost of capital, the market-determined selling price of its output, etc. The function specifying the quantity of labor that would be demanded at any of various possible values of these exogenous variables is called the labor demand function.[1] The sum of the labor-hours demanded by all employers in total is the market demand for labor.
^Varian, Hal, 1992, Microeconomic Analysis, 3rd Ed., W.W. Norton & Company, Inc. New York.
In economics, the labordemand of an employer is the number of labor-hours that the employer is willing to hire based on the various exogenous (externally...
other traded item such as labor or liquid financial assets, will vary until it settles at a point where the quantity demanded will equal the quantity supplied...
the economy and inefficiencies inherent in labor markets, including a mismatch between the supply and demand of laborers with necessary skill sets. Structural...
of labor, w (the wage rate) on the vertical axis. The price of labor and the quantity of labordemanded are inversely related. If the price of labor goes...
The consumers of the labor market are firms. The demand for labor services is a derived demand, derived from the supply and demand for the firm's products...
economics, a conditional factor demand is the cost-minimizing level of an input (factor of production) such as labor or capital, required to produce a...
employer demands when compared to sixty years ago.[citation needed] The sociologist Arlie Hochschild provided the first definition of emotional labor, which...
constraint on the amount of labor that can be supplied, is their effective demand for goods. In contrast, if there were no labor market disequilibrium, individuals...
Labor Day is a federal holiday in the United States celebrated on the first Monday of September to honor and recognize the American labor movement and...
drawing of supply and demand curves therein, including comparative statics from a shift of supply or demand and application to the labor market. The model...
benefit from organized labor training programs, benefit plans, dispute resolution and a labor supply meeting most employers labordemand at most any time or...
Labour economics, or labor economics, seeks to understand the functioning and dynamics of the markets for wage labour. Labour is a commodity that is supplied...
productive power of labor but also in relation to changes in the balance between social supply and demand. "Ernest Mandel: The Labor Theory of Value and...
who otherwise would have had a job, the stimulus is increasing labordemand while labor supply remains fixed, leading to wage inflation and therefore price...
terminology that differs from common usage Factor market Factor world LabordemandLabor theory of value Labour economics Marginal factor cost Means of production...
recruitment of Uyghur workers due to lower travel costs. In their view, "[T]he labordemand of Uyghur seasonal cotton pickers in south Xinjiang is largely decided...
In economics, a shortage or excess demand is a situation in which the demand for a product or service exceeds its supply in a market. It is the opposite...
and demand models suggest that there may be employment losses from minimum wages; however, minimum wages can increase the efficiency of the labor market...
ISBN 9780788146190. Korean Statistical Information System South Korea: Balancing LaborDemand with Strict Controls, Park Young-bum, Migration Information Source, December...
being maximized, typically the resulting implicit functions are the labordemand function and the supply functions of various goods. When utility is being...
Jamaican nurses. Possible factors behind this increase include high U.S. labordemand for nurses and medical workers during the 1960s, a shift in emigrant...
how much labor to buy. Then wage is determined in the market to ensure total labor supply equals total labordemand. If workers supply more labor than firms...
digital labor include on-demand platforms, micro-working, and user-generated data for digital platforms such as social media. Digital labor describes...
recruitment of Uyghur workers due to lower travel costs. In their view, "[T]he labordemand of Uyghur seasonal cotton pickers in south Xinjiang is largely decided...