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labor surplus
[ˈleɪbər ˈsɜrpləs]
noun
pl: labor surpluses
excedente de mão de obra
1.
A situation in which the supply of workers exceeds the demand for labor in a market or economy
The labor surplus in the manufacturing sector has led to increased unemployment.
O excedente de mão de obra no setor manufatureiro levou ao aumento do desemprego.
2.
An excess of available workers relative to available jobs
During economic downturns, labor surpluses often result in wage decreases.
Durante as recessões econômicas, os excedentes de mão de obra frequentemente resultam em redução de salários.
Synonyms
labor glut
labor oversupply
workforce surplus
excess labor
Antonyms
labor shortage
labor deficit
labor scarcity
Regional Variations
General Brazilian
excedente de mão de obra
Most common and formal usage
São Paulo
excesso de mão de obra
Alternative usage in business contexts
Portugal
excedente de força de trabalho
Portuguese European variation using 'força de trabalho'
Related Idioms & Phrases
a buyer's market for labor
oversupply of workers
glut in the labor market
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