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LABOUR FORCE — Economics Keypoint

LABOUR FORCE

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This is the proportion of the population of a country that is already employed arid the proportion of the population that are available for employment.

FACTORS AFFECTING THE LABOUR FORCE

  1. The size of the population: The largeness of the population of a likely bring about a large supply of labour force.
  2. The age distribution of labour force.
  3. The official working age limit.
  4. The stipulated retirement age.
  5. The size of the population within the working age limit.
  6. The population of women in paid employment and those still in full-time academic pursuit who are beyond the official school leaving age.

 

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  4. FACTORS AFFECTING LABOUR MOBILITY
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  6. DEMAND FOR LABOUR
  7. DETERMINANTS OF EFFICIENCY OF LABOUR

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