Insufficient demand for labor, where there are more workers than jobs, typically results in unemployment or falling wages.

Authors

• Person: Not available Organization: LibreTexts
  1.3: Systemic or "Macro" Factors That Affect Financial Thinking

Sources

• 1.3: Systemic or "Macro" Factors That Affect Financial Thinking biz.libretexts.org LibreTexts via serper

Referenced by nodes (2)

• labor concept
• unemployment concept