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Supply for labour

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The supply for labour refers to the number of individuals who are available and willing to work in a particular industry or job market. It is determined by various factors, including educational qualifications, skills, experience, age, gender, location, and health. The supply for labour varies across different industries and regions, and it can also be affected by government policies, changing economic conditions, and demographic trends. Employers need to assess the supply for labour in their industry to understand competition for talent and make informed recruitment and retention decisions.

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