Workforce supply refers to the total number of individuals available and willing to work in a specific job market or industry. It includes various factors such as the population's skills, education levels, and employment rates. Understanding workforce supply helps businesses and governments plan for economic growth and address labor shortages. Factors influencing workforce supply include demographic trends, migration patterns, and educational opportunities. For instance, an increase in higher education institutions can enhance the skill level of the workforce, while economic conditions may affect individuals' willingness to enter the job market.