In macroeconomics, indivisibility of labor is the idea that labor cannot be used in continuous units but must be purchased from workers in blocks of time, such as eight hours a day or forty hours a week. This model can result in differences in the number of hours worked even though the workers are assumed to be identical: some workers may be unemployed while others are fully employed or even overemployed.
In macroeconomics, indivisibility of labor is the idea that labor cannot be used in continuous units but must be purchased from workers in blocks of time, such as eight hours a day or forty hours a week. This model can result in differences in the number of hours worked even though the workers are assumed to be identical: some workers may be unemployed while others are fully employed or even overemployed.
Source: Wikipedia "Indivisibility of labor" · CC BY-SA 4.0
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