labor supply
[ˈleɪbər səˈplaɪ]
nounpl: labor supplies
oferta de trabalho
1. the total amount of labor or workers available in an economy or market at a given time and wage level
The labor supply in the tech industry has increased significantly due to remote work opportunities.
A oferta de trabalho na indústria de tecnologia aumentou significativamente devido às oportunidades de trabalho remoto.
2. the quantity of labor that workers are willing to provide at various wage rates
Higher wages typically lead to an increase in labor supply as more people enter the workforce.
Salários mais altos normalmente levam a um aumento na oferta de trabalho, pois mais pessoas entram no mercado de trabalho.
3. the pool of available human resources for employment in a specific sector, region, or country
The agricultural sector faces challenges with limited labor supply during harvest season.
O setor agrícola enfrenta desafios com oferta limitada de trabalho durante a época de colheita.
In Brazil and Portugal, discussions about labor supply are central to economic policy debates, particularly regarding skills gaps, migration, and informal employment. In the USA, the term is frequently used in policy discussions about immigration, remote work trends, and sectoral labor shortages. Post-pandemic, 'labor supply' has become a key term in discussions about worker shortages and wage inflation in both regions.
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