Labour Supply Quotes

In Gujarat, they may not have enough people to do menial jobs and so they need people from U.P. and Bihar. But in Maharashtra, we have enough people who need jobs.

Labour, like all other things which are purchased and sold... has its natural and its market price.

If there's labour shortages, we issue work permits. It's as simple as that.

We ought to be opening up our borders to skilled labour from all parts of the world because [the state of the world is as follows: ] if we were to do that we would increase the supply of skilled workers that our schools have been unable to create and as a consequence of that we would lower the average wage of skills and reduce the degree of income inequality in this country.

The end of free movement means that we will be able to consider the impact on the existing labour market when determining whether we want unskilled workers from the E.U. to be able to come to the U.K.

The larger the return to labour, the greater will be the power to accumulate capital. The larger the proportion which capital seeking to be employed bears to the labourers who are to employ it, the larger will be the wages of labour, the greater the power of the labourer to accumulate for himself, and the more perfect will be his control over the disposition of his labour and the application of its proceeds, whether to private or public purposes....

Economists of a classical bent lay a large part of the decline of employment, and thus lagging output, to a contraction of labour supply.

LABOUR, like all other things which are purchased and sold, and which may be increased or diminished in quantity, has its natural and its market price. The natural price of labour is that price which is necessary to enable the labourers, on with another, to subsist and to perpetuate their race, without either increase or diminution.

When a Nation exports more or less Labour, than is imported into it, that difference between Exports and Imports of Labour, is called Ballance of Trade

The fact that people are dropping out of the labour force says one of two things: either employers have no use for them, or they have no use for the jobs that are being offered at the wages they can command.