Theory question 106
Labour MarketSection B: answer three questions only from this section.
(a) What is Labour Force? (b) Explain four factors affecting the size of the labour force.
Show the model answer
Model answer
(a) The labour force is the number of people of working age who are able and willing to work, i.e. those employed plus those actively seeking work
(b) Any four: size of the total population
Age structure of the population (proportion of working age)
Number of years spent in school (school-leaving age)
Retirement age
Attitude to women working
Migration (immigration and emigration)
Health of the population
Wage levels and attitudes to work
Explanation
Define the labour force, then explain four factors.