Labour market analysis and demographic trends are two methods for estimating the external supply of human resources.

Question

Quizplus · Accepted Answer

Labour market analysis and demographic trends are two commonly used methods for estimating the external supply of human resources. Labour market analysis involves examining the current and future demand for labor in a specific industry or region, while demographic trends look at population and workforce data such as age, gender, and education levels to predict future labor supply.

Labour Market Analysis and Demographic Trends Are Two Methods for Estimating