Examine the factors that determine labour supply in your country (LDCs/Uganda)
- Low pay and remuneration in Uganda lead to low labour supply.
- Poor working conditions discourage supply of labour.
- Limited skills lead to low supply of labour
- Low degree of mobility of labour (both occupational and geographical due to lack of proper skills and cultural rigidity leads to low labour supply.
- Period of training; the period of training in Uganda is long leading inelasticity labour the supply of labour in short run
- Gender composition; labour supply is low because few women take part in employable jobs
- Few pensionable jobs discourage labour supply
- Population composition; the high population growth rate in Uganda means low proportions of adults to supply labour
- Number of the disabled; a large number of disabled people reduce labour supply.
- The size of supporting ratio, (ratio of working class to non-working class); this is very low in Uganda and therefore labour supply is low
- The degree of complementarity of labour; the supply of labour in Uganda is low as it is not complementary.
- The degree of substitutability of labour; the labour can easily be substituted, its supply tends to be low
- Retirement benefits: these are lacking in Uganda and therefore people tend to work longer increasing labour supply.
- Discrimination barriers to certain professional e.g. law, medicine limit labour supply.
- Real wage; an inflationary period discourages labour supply due to falling real wages.
- Government policy; the government as a major employer of labour determines labour supply
- General social and political conditions in the country determine the supply of labour.
CATEGORIES General
TAGS Dr. Bbosa Science
