Factors to Consider in Labor Planning
Labor planning requires the consideration of several labor factors:
- Local labor market
- An economically homogeneous area in which individuals may live in and pursue occupations within a practical distance
- An economically homogeneous area in which individuals may live in and pursue occupations within a practical distance
- Economic conditions
- The current status of the economy in a country or region
- The current status of the economy in a country or region
- Industry trends
- The patterns or present trends that happen within a certain industry