A potential solution when labour demand exceeds labour supply is
A) initiating layoffs.
B) job sharing.
C) hiring temporary workers.
D) initiating terminations.
E) reducing workweeks.

Question

Quizplus · Accepted Answer

Hiring temporary workers can be a potential solution when labour demand exceeds labour supply as it can help in meeting the immediate staffing needs without committing to long-term hires or investments. It is a flexible option that can enable employers to maintain productivity levels during peak periods or temporary staffing shortages.

A Potential Solution When Labour Demand Exceeds Labour Supply Is