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1.
CheckPoint: Labor
Market Scenario
Due Date: Day 6
·
Write a scenario that would cause a shift in labor supply and
demand. The following areas have had high job growth rates and may be used for
your scenario: transportation, insurance, technology, and health care
industries. You can either make up a scenario or use real data and information.
·
Post a 200- to 300–wordresponse
that focuses on the following:
o
What is the area of employment?
o
Why has this shift occurred?
o
In what direction would the shift in labor supply and demand go?
o
What would be its effect on the equilibrium of the labor market?
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