Answer:
A downward pressure on wages
Step-by-step explanation:
A surplus of labor will lead to a downward pressure on wages. When the supply of labor exceeds the demand for labor, workers are competing for a limited number of jobs, which can lead to a decrease in the wages that employers are willing to pay. This is because employers have more workers to choose from, so they can be more selective and are less likely to pay higher wages in order to attract the best workers. As a result, a surplus of labor will typically lead to a downward pressure on wages.