Meaning of “labour economics” in the English Dictionary

business-english dictionary

"labour economics" in Business English

See all translations

labour economicsnoun [ U ]

UK US labor economics uk us ECONOMICS, HR

the study of the relationship between the number of employees needed and the number available, and how this affects rates of pay, efficiency, working conditions, etc.

(Definition of “labour economics” from the Cambridge Business English Dictionary © Cambridge University Press)