In fact there's a very big pool of labor which, if we ever unlock it, could keep the expansion going.
China will continue to be a source of low-cost labor because there is a large pool of labor, including young women that need to be employed.
Recall, however, that the Okies poor as they may have been provided a gigantic pool of labor that fueled California's postwar boom and helped transform the Golden State into the world's eighth-largest economy.
The U.S. has a large pool of available labor, abundant raw materials and falling energy costs, said Paul van Eeden, president of Cranberry Capital, a private Canadian holding company.
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David Roche's analysis of deflationary pressure on world markets brought about by China's seemingly endless pool of cheap manufacturing labor is a good one (" Tributary to the river of deflation, " Sept. 16).
The disparity is explained by the sobering news that jobless people are simply dropping out of the labor pool, too discouraged even to stay on the rolls of the unemployed that the Labor Department keeps track of.
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As for Indonesia, it holds a pool of low cost labor as well as natural resources like coal.
And with the Memphis metropolitan labor market, we have a labor pool of somewhere around 1.2 million people in the 75-mile radius.
The highly-skilled inevitably prosper while those of lesser abilities race to the bottom amidst a vast global pool of unskilled and underskilled labor.
The most basic models of labor supply and demand would suggest that a bigger labor pool depresses wages, and indeed this is the argument taken up by many opponents of more open immigration policy.
"Foreign workers make up 95 percent of the labor pool, " Whitson says.
"In a letter Senator Mark Begich wrote to Secretary of State Hillary Clinton last month, he says 'such an abrupt change in the available labor pool just before the start of the salmon season would have immediate negative consequences for the companies, and the fishermen and communities, which depend on their operations, '" KTVA reported.
What is the effect of a bigger labor pool on wage rates?
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Politicians have a big constituency in the freelance labor pool, many of them looking for guidance and help and if they were smart, freelancing would be a major electoral issue.
What the president misunderstands is that the corporate profits gained thanks to the efficient utilization of the worldwide labor pool is what attracts the very investment that funds their growth here and around the world.
Most graduates do eventually find decent jobs, but the problem will increase as more of them hit the labor pool or if the economy stalls.
Chongqing also hopes to turn a wave of migration into a labor pool for the low-wage manufacturing industries it is trying to lure to move from China's coastal areas.
Although the number of university graduates in China has risen from 1 million a year a decade ago to more than 6 million this year, the number of people entering the labor pool with great expectations yet without proper training is, if anything, growing even faster.
It is our expectation that as the economy strengthens later this year the (labor) participation rate will stop declining, as there is already a large pool of potential workers on the sidelines who are likely to re-enter the labor force if conditions improve.
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That was why we moved to both of these provinces to tap their labor pool.
The Human Resources and Social Security Department of Guangdong estimated that 10 million workers, or 61% of the province's migrant-labor pool, would head home to see their families for the New Year Holiday, with a return rate of around 90%, leaving a labor shortfall of up to 1.2 million workers after the holiday.
The state's growers have rapidly expanded capacity to their orchards in recent years, contributing to 2010's record crop of 110 million boxes, at the same time that growth in the labor pool has stagnated.
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These three virtues in the fiscal cliff are highly positive and will only increase the pool of available risk-taking capital in the economy, thereby increasing the capital-to-labor ratio and improving the national standard of living.
If big international investors were genuinely free to develop markets in China, they would provide the Chinese with a wider range of products and services, and make new and better jobs for that huge, willing labor pool.
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