determinants of labor supply

determinants of labor supply

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  • Determinant of Labor Supply: Changes in Tastes
  • Jessica's Bakery
  • Everyday, more and more women like me leave their traditional domestic duties to join the labor market!
  • Muffins $2 Cupcakes $3
  • Determinant of Labor Supply: Changes in Alternate Oppurtunities
  • I'm going to leave this supermarket and work as a cashier at the nearby clothing store because they pay a higher wage.
  • Determinant of Labor Supply: Immigration
  • We're immigrating to America to get new jobs and join their labor market.
  • If social norms change for who belongs in the workplace, labor supply will adjust accordingly. For example, labor supply increased as women became accepted into the workplace. 
  • If wages in a different labor market increases, workers may leave their current market to go earn that higher wage, decreasing their original labor market's supply. 
  • When people immigrate to a new region or country, the supply in that country  or region's labor market increases because the immigrants choose to work in that new location. 
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