Supply and Demand for Labor

Posted Eureka Lessons Economics, Lessons

The labor market is a very important topic for seniors who are beginning to think about their field of study or career path.  What affects supply and demand for labor?  What does the market for labor look like right now?  What will it look like for them?  This brief introduction to the labor market, with the help of a few Bureau of Labor Statistics, explains how location, age, education, and technology affect supply and demand for labor.