Examlex
If, over time, a greater proportion of the labor force is comprised of middle-aged individuals, one would expect the natural rate of unemployment to rise.
Human Capital
The abilities, expertise, and experiences held by a person or group, considered in relation to their worth for an organization.
Surplus
An excess of resources or assets beyond what is needed, often referring to budgetary or inventory contexts.
External Supply
The provision of goods or services from outside the organization, often through contracts or purchases from external sources.
Labour Markets
The supply and demand dynamics of labor, where employers seek to hire workers and workers seek employment.
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