Explore BrainMass

Explore BrainMass

    Demand for labor

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    One of the more pressing issues of world population concerns those numbers not being much of a viable labor force today, for 2010 and beyond. If that is the case, the demand for labor is really segmented into (1) healthy individuals with market skills versus (2) the rest of the population. Explain this concept/idea.

    © BrainMass Inc. brainmass.com February 24, 2021, 2:19 pm ad1c9bdddf
    https://brainmass.com/economics/demand-supply/demand-for-labor-13654

    Solution Preview

    The world's population is growing older as a result of both declining fertility and increasing life expectancy. These trends manifest themselves in at least two important dimensions: a more slowly growing population and labor force, and an increase in the ratio of the elderly to the working-age population. ...

    $2.19

    ADVERTISEMENT