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The trend has been the opposite in this market. As labor supply increases (to infinity), wages decreases (to zero).
by orlandob 13y ago
The trend has been the opposite in this market. As labor supply increases (to infinity), wages decreases (to zero).
- xradionut 13y agoMaybe the labor supply/population needs to decrease in the future?
- toomuchtodo 13y agoLabor Force Statistics from the Current Population Survey http://data.bls.gov/timeseries/LNS11300000 http://data.bls.gov/timeseries/LNS11300000 As the baby boomers move through the pipeline, you'll see the labor supply drop. Also, structural issues: http://www.businessinsider.com/michelle-meyer-on-the-labor-force-participation-rate-2013-5 http://www.businessinsider.com/michelle-meyer-on-the-labor-f...