Labor force

For potential labor force to count all persons in the labor market in an economy are available. These include in the strict sense all workers and all the unemployed. In a broader sense, the so-called hidden reserve must be counted to do so.

The potential labor force of an economy is in the number of population of working age is a natural boundary, but it can be influenced by society and politics, for example, by the length of school days and the retirement age. Can increase the pool of potential employees for example, the fact that child care facilities be created, facilitating parents to enter the workforce.

In the long term growth opportunities of an economy depend on factors including the potential labor force, since recruited labor from him the production factor.

• Labor market