When retail workers leave the retail sector, equilibrium wages would increase and there would be an increase in the quantity of jobs available.
What happens when retail workers leave the retail sector?
When retail workers leave for higher paying jobs, there would be a decrease in the supply of retail workers. This would shift the supply curve for retail workers to the left. As a result, there would be an increase in equilibrium wages and a decrease in number of retail workers.
Please find attached an image of the graph. To learn more about the labour supply, please check: https://brainly.com/question/26374465
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