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labor supply

   Also found in: Encyclopedia, Wikipedia 0.06 sec.
See: personnel


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Any increase in the labor supply tends to reduce the bargaining power of workers.
Shatz, wrote that "trade has little effect on the number of jobs because the overall job level is set by labor supply conditions, labor market rules and monetary and fiscal policy.
Whether it is Morris county's highway infrastructure, with direct access to Route 24 and Interstates 78, 80, 280 and 287, its talented labor supply or its desirable housing stock, its has proved to be very attractive to New Jersey's premier companies.
 
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