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Economics glossary · Work and what it pays

Number of workers

What number of workers means in economics, as one of factors that shift the supply of labour, with an example and a question to test yourself.

Definition
Number of workers
The number of workers is the pool of people who could offer their labour, which grows with population, migration and more people choosing paid work.
Example

Can you think of an example of number of workers?

Test yourself

Can you name the four factors that shift the supply of labour?

Learn it properly: the module

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