Efficiency And Mobility of Labour Force - SS1 Economics Lesson Note

The efficiency and mobility of the labor force are important factors that impact economic growth and development. 

Efficiency refers to the productivity of the labor force, which can be influenced by factors such as education, training, and technology. A highly efficient labor force can produce more output per unit of input, leading to higher economic growth and development.

Mobility, on the other hand, refers to the ability of the labor force to move between jobs and industries. A mobile labor force can adapt to changing economic conditions and take advantage of new job opportunities, which can also contribute to economic growth and development.

 However, barriers to labor force mobility include lack of transportation, high cost of living in certain areas, and lack of job opportunities in certain industries.