Labor force: the workforce or the pool of people available to work; refers to labor supply or working capacity in a society or company.
若者の減少は労働力不足につながっている。
The decline in young people is leading to a shortage of labor force.
その会社は新しい技術で労働力の効率を上げた。
The company increased labor efficiency with new technology.
高齢化社会では労働力の確保が重要だ。
In an aging society, securing the labor force is important.