A typical labor supply curve is upward-sloping, which means that as wages rise, workers are usually attracted and incented to work more hours. Changes in Price of Related Goods
Expectations about the Future
Size of the labor force
Immigration & number of people leaving to seek better opportunities in other countries
Foreign direct investments
if the cost of vacations or other recreational activities increases, individuals will consume less leisure hours and as result supply more work hours, shifting the curve to the right. if people believe that they will not have social security income, they may work more, causing an increase in the labor supply and shift to the right. The size of the labor force depends on the size of the Population;
and the percentage of the population
participating in the labor market. Higher population raises labor supply Labor supply curves shifts right if a country enacts tougher immigration laws that result in lower overall population, that may cause a shift of the labor supply curve to the left because of the smaller pool of workers. The Mystery of Why Japanese People Are Having So Few Babies ALANA SEMUELS JUL 20, 2017
In a culture that places such an emphasis on men being breadwinners,
this has serious implications for marriage and childbearing. Men who dont have regular jobs are not considered desirable marriage partners; even if a couple wants to get married, and both have irregular jobs, their parents will likely oppose it, according to Ryosuke Nishida, a professor at Tokyo Institute of Technology who has written about unemployment among young workers.
About 30 percent of irregular workers in their early 30s are married,
compared to 56 percent of full-time corporate employees, according to Kingston. Japan has this idea that the man is supposed to get a regular job, said Nishida. If you graduate and you don't find a job as a regular employee, people look at you as a failure. Theres even a tongue-in- cheek Japanese board game, Nishida told me, called The Hellish Game of Life,in which people who dont land a regular job struggle for the rest of the game.