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____ Is One of the Most Common Applications of Computers

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____ is one of the most common applications of computers.


Definitions:

Labor Surplus

A situation where the supply of labor exceeds the demand for it, typically leading to higher unemployment rates.

Downsizing

The act of reducing the number of employees within a company, typically to cut costs or improve efficiency.

Natural Attrition

The reduction in workforce size through normal means, such as retirement or resignation, without the need for layoffs.

Labor Shortage

A situation where there are not enough qualified candidates to fill the available job positions within a market or industry.

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