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  2. Labor refers to the work done by people12. Examples of labor include12:
    • Repairing tires
    • Piloting airplanes
    • Teaching children
    • Enforcing laws
    • Cooking
    • Administrative tasks
    • Travel agency work
    • Carpentry
    • Law enforcement
    • Plumbing
    • Electrical work
    • Sales
    Learn more:
    People who work to repair tires, pilot airplanes, teach children, or enforce laws are all part of the economy’s labor. People who would like to work but have not found employment—who are unemployed—are also considered part of the labor available to the economy.
    open.lib.umn.edu/principleseconomics/chapter/2-1 …
    Labor resources include the work done by the waiter who brings your food at a local restaurant as well as the engineer who designed the bus that transports you to school. It includes an artist's creation of a painting as well as the work of the pilot flying the airplane overhead.
    www.stlouisfed.org/education/economic-lowdown-p…
     
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  5. What Is Labor? - The Balance

  6. WEBWhile each labor market is different, they all tend to respond to similar disturbances in similar ways. For example, when wages go up for one type of job in an industry, they tend to go up in other types of jobs too. When …

  7. Labor Market Explained: Theories and Who Is …

    WEB4 days ago · Learn about the supply and demand of labor in macroeconomic and microeconomic contexts, and how factors such as immigration, productivity, and education affect the labor market. Find out …

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