Quick Write (92) Why do we (the school & society) tell you to study hard and complete as much school as possible? What is our interest? What is your interest?

Question How is education related to productivity and wage levels? If so, how? Are these concepts even related?

Labor Market Trends

Theory (def) a proposed explanation whose status is still conjectural, in contrast to well-established propositions that are regarded as reporting matters of actual fact.

In your small groups, complete the three parts of the exercise. Economic Theorizing In your small groups, complete the three parts of the exercise.

Theory #1: Learning Effect Education increases productivity and results in higher wages.

Theory #2: Screening Effect Completion of college indicates to an employer that an applicant is intelligent and hardworking.

US Labor Market Trends Fewer Goods, More Services. More Women Working. Contingent Employment. Average Wages have Decreased.

When Did Strikes…? What does New York law say about public employees and strikes? Why would public employees have different rules than private ones? Do other states regulate government workers and strikes?