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Factors that causes the shift for the Labor Supply Curve
Updated: 12/12/2018
Factors that causes the shift for the Labor Supply Curve
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Storyboard Text

  • For example in 1950 only 34% of woman were employed, in 2015 had risen to 57%, now a days women tend to work increasing the supply of labor 
  • Changes in tastes can shift the labor supply curve. 
  • Another snifter is changes in alternative opportunities
  • The supply of labor in a market depends on the opportunities available in other labor markets
  • When immigrants come to a new country the supply of labor increases and when those immigrants leave their country then that countries supply of labor goes down
  • The last change shift of a labor supply curve is immirgration
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