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Why would demand for labor go up in a society with a shrinking population? Both the labor market and the consumer market draw from the general population - so I
by quicklime 6y ago
Why would demand for labor go up in a society with a shrinking population? Both the labor market and the consumer market draw from the general population - so I would think that a shrinking population would cause both to decrease. The net per capita effect would be for things to stay the same.
- fomine3 6y agofixed amount of work is required for some task in society and some work don't need to work for increasing demand (like make a drama).