Labor force growth refers to the increase in the number of people who are available and willing to work in an economy. This growth can result from various factors, including population increases, higher participation rates among different demographic groups, and changes in immigration policies. A growing labor force can contribute to economic expansion and increased productivity. Additionally, labor force growth can impact unemployment rates and wage levels. When more individuals enter the workforce, it can lead to greater competition for jobs. However, if the economy is strong, this growth can also create new job opportunities, benefiting both employers and employees in the long run.