When labour demand equals labour supply what will likely occur?

Question

Quizplus · Accepted Answer

When labour demand equals labour supply, there is a balance between the number of job openings and the number of job seekers. In such a scenario, the company would not need to lay off employees or hire external candidates. Instead, they would focus on filling vacancies internally through training, transfers, or promotions. This would not only boost employee morale and engagement but also help the organization retain its most valuable talent.

When Labour Demand Equals Labour Supply What Will Likely Occur