ABSTRACT

The supply of labor may also be studied from the standpoint of different industries. Because of the division of labor and specialization, the skilled artisan is limited to a single line of manual dexterity. Labor is unlike other goods in the length of time required to provide it, consequently its adjustment to other things is most imperfeet. There is no line sharply distinguishing skilled from unskilled labor. But for the most part skilled labor is found in the more remunerative positions, and these are the positions where ability and long training count for most. Large families are expensive rather than remunerative for parents. Salable live-stock is bred for the market, but there is no commercial motive in rearing children. The skill and dexterity of labor, together with its application, are important in reckoning the labor supply. Certain peculiarities of the labor supply, together with its maldistribution among places and industries, have been pointed out.