Movement along the short run labor supply for an occupation is the result of any change in labor supply which is a function of the wage paid for that occupation. As the wage increases already skilled workers will enter from other occupations or workers who are retired or otherwise outside the labor force may re-enter. These workers might well leave again as the wage drops so we show this as a movement along L.

    What might lead to a shift in the labor supply curve for an occupation?

Copyright © 1995-2004 OnLineTexts.com, Inc. - All Rights Reserved