Examlex
A reserve is a known deposit of energy material that is currently too expensive to extract using today's technology.
Natural Attrition
The reduction in workforce due to employees leaving naturally through retirement, resignation, or death, rather than through layoffs.
Early Retirement
An option allowing individuals to retire before the traditional retirement age, often with specific pension or benefits arrangements.
Labor Surplus
A situation in which the supply of workers exceeds the demand for labor, leading to unemployment or underemployment.
Labor Surplus
A situation where the supply of labor exceeds the demand for labor, often leading to unemployment or underemployment.
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