In a labor market, the demand side focuses on the actions of the employers.

Question

Quizplus · Accepted Answer

In a labor market, the demand side refers to the actions of employers who are in search of a workforce to fulfill their business requirements. They are the ones who set job requirements, negotiate salaries, and decide whom to hire or not. On the other hand, the supply side focuses on workers and their behavior in search of employment opportunities.

In a Labor Market, the Demand Side Focuses on the Actions