In the labor market for computer programmers, the labor supply represents the employers looking to hire programmers.
The supply and demand of labor, wherein employees give the supply and employers provide the demand, are referred to as the labor market. It is important to consider the labor market from both a macroeconomic and microeconomic perspective. Two crucial macroeconomic indicators are labor productivity rates and unemployment rates.
The amount of workers of a specific type and skill level who are willing to work for companies at various salary levels is known as the market supply of labor. The horizontal sum of each person's labor supply curves represents the market supply curve for that person's particular type of labor.
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