Theory question 104
Labour Market(a) Define mobility of labour.
(b) Describe any four factors influencing the supply of labour.
Show the model answer
Model answer
(a) Mobility of labour is the ease with which workers can move from one job to another (occupational mobility) or from one place to another (geographical mobility).
(b) Any four: size of the population; age structure (proportion of working age); school-leaving and retirement ages; wage rate; number of hours worked and attitudes to work/leisure; participation of women; health of the population; migration; social and religious attitudes.
Explanation
Supply of labour is the number of people willing and able to work and the hours they offer.