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The labor surplus in the U.S. can be attributed to several factors, including technological advancements that increased automation, leading to a reduced need for manual labor. Additionally, economic shifts, such as globalization and outsourcing, have contributed to job losses in certain sectors while increasing competition for available jobs. Furthermore, demographic changes, such as a growing workforce and higher unemployment rates during economic downturns, have exacerbated the surplus. These factors combined have created a situation where the number of job seekers surpasses the available positions.
What else can I help you with?
When did the US surplus in international trade end?
The United States' surplus in international trade ended in 1983.
What is economic surplus?
(in Marxist theory) the excess of value produced by the labor of workers over the wages they are paid.
Does US have a deficit or trade surplus?
Trade deficit
What happens to the huge surplus of corn in the US?
its fed to animals
When before 1998 did the us government have a surplus?
well you see, we have actually never been in debt. the us government has always has a surplus, the myth of a debt and deficit is to increase spending because the government is just greedy.
Labor groups in the US supported the Homestead Act of 1862 because this act?
encouraged surplus labor in the Eastern states to move west
How did irrigation lead to food surplus?
It didn't, food surplus led to irrigation, division of labor, writing, trade
What effect did a surplus of food have on life in Sumer?
It lead to division of labor
How does minimum wage impact the labor market?
it might result in a surplus of supply
What did Marx call me differences between what the workers produce and what they earn?
Marx referred to the difference between what workers produce and what they are paid as "surplus value." This surplus value is captured by the capitalist as profit, leading to exploitation of the workers according to Marx's theory of surplus labor.
When did the US surplus in international end?
The United States' surplus in international trade ended in 1983.
When did the US surplus in international trade?
The United States' surplus in international trade ended in 1983.
What has the author Emmett Earl Wright written?
Emmett Earl Wright has written: 'Arkansas labor surplus estimates' -- subject(s): Labor supply
Did the US have a federal deficit or surplus in 1998?
The United States had a federal surplus in 1998. There was a surplus until 2001, but after 2001, the country has had a national deficit.
When did US surplus in international trade end?
The United States' surplus in international trade ended in 1983.
When did the US surplus in international trade end?
The United States' surplus in international trade ended in 1983.
How did a surplus effect sumer?
gave them more jobs but i know this is not very helpful
