Learn More, Earn More.

Slides:



Advertisements
Similar presentations
Labor & Wages Chapter 9 Section 2
Advertisements

Labor Chapter 9.
Labor Market Trends How do economists define the labor force?
Chapter 9SectionMain Menu Labor Market Trends Objective: How do economists define the labor force? What occupational trends exist in the U.S. economy?
Supply and Demand in the Labor force. Effects of Wage Increases A new restaurant opens in town, offering higher wages for cooks. Other restaurants must.
At vocational college, students are taught the skills needed to perform a particular job. These colleges focus mainly on job- specific skills,
Wages  The price of labor  Payments workers receive in return for work  Governed by the forces of supply & demand
Chapter 9: Labor Trends, Wages and Immigration
Bellwork Ten years from now,
LABOR CHAPTER 9 NOTES. LABOR MARKET TRENDS What is the fastest growing occupation? Computer-related occupations (# doubled from ) Expected to.
Chapter 9.  Tracking the Labor Force ◦ All nonmilitary people who are employed or unemployed ◦ Employed if;  16 or older  Worked at least one hr in.
Sections 1: Labor Market Trends And Section 2: Labor and Wages.
Chapter 9 Section 2 Labor and Wages Sully Rivas & Zuejase Rodriguez
LABOR FORCE Ch. 12 Notes. Labor Force Make-Up  Made up of:  people 16 or older  Civilian  Uninstitutionalized  who want a job or have one  Can be.
Keys to Your Future Employment Trends in the New Millennium.
Think of a job that you plan on having in the future. Describe the job and education that is needed and what type of salary do you hope to have once you.
Steps to Success (Median earnings of full-time wage and salary workers) Source: http://stats.bls.gov.
Chapter 7 – Education – Career Information. 7-A Relationship of Career and Earning Power.
Bell Ringer At your desks: Discuss with your classmates the assigned homework from yesterday. Share the responses that you obtained from your parent or.
1 Any extra credit? Speak now or forever hold your peace. What will we learn today? What will we learn today? Operations of the labor market, establishment.
Labor and Wages Chapter 8, Section 3. Categories of Labor  Unskilled Labor: work primarily with their hands because they lack training and skills and.
Economics Chapter 9 - Labor. The United States Labor Force Economics define the labor force as all nonmilitary people who are employed or unemployed.
Career Unit Vocabulary CAREER A person’s lifework A profession that a person works at for a long time.
Eco 12/1 Americans at Work. The Civilian Labor Force Civilian labor force- total number of people 16 yrs. or older who are employed or seeking work. Those.
Chapter 9SectionMain Menu Labor Market Trends How do economists define the labor force? What occupational trends exist in the U.S. economy? What is temporary.
Costs vs. Earnings Middle School Financial Literacy #1.
Chapter 9SectionMain Menu Economics define the labor force as all nonmilitary people who are employed or unemployed. The United States Labor Force.
Ch. 8.3 Notes : Labor & Wages. I.4 Types of Labor A. Unskilled > simple manual jobs 1. Ex. Mopping floors, crossguard B. Semi-Skilled > jobs requiring.
Chapter 6SectionMain Menu Opening Act Wednesday 12/16 1.Sit in your normal assigned seat 2.Take one of the Chapter 9, Section 2 Text Summary Handouts.
{ KECSSMs. Murren Outcome: SWBAT distinguish between the different types of workers who comprise the civilian workforce.
Labor & Wages. Labor Force All non-military people who are either employed or unemployed.
Economics Chapter 9 - Labor. The United States Labor Force Economics define the labor force as all nonmilitary people who are employed or unemployed.
Objective Describe various skills that are necessary for employment in an agricultural mechanics career.
E. Napp Labor and Wages In this lesson, students will be able to identify the impact of education on wages and the impact of discrimination on wages. Students.
Macroeconomics SSEMA1 Students will explain and describe the means by which economic activity is measured by looking at gross domestic products, consumer.
MAKING YOUR EDUCATION WORK FOR YOU EDUCATION PAYS!
Labor Force Who is employed, unemployed and uncounted!
Today’s Schedule – 10/17 PPT: Labor and Wages Video: Minimum Wage HW: – Read 9.3 – Finish franchise research.
Career Project Vocabulary On The Job Training Training received while in actual performance of one’s work.
Chapter 9SectionMain Menu Economics define the labor force as all nonmilitary people who are employed or unemployed. The United States Labor Force Employment.
Employment The Trouble With Jobs Underemployment  Employed in a job that does not fully utilize one’s skills and abilities  May only be part time.
Chapter 9SectionMain Menu Economics define the labor force as all nonmilitary people who are employed or unemployed. The United States Labor Force Employment.
Labor and Wages Journal: 1.) After high school how are you going to provide for yourself and your own family someday? Detail the steps you will need to.
Jobs That Fit You Seminar Three Quote: “Fantasies are more than substitutes for unpleasant reality, they are also dress rehearsals; plans! All acts performed.
Chapter 9SectionMain Menu Labor Market Trends How do economists define the labor force? What occupational trends exist in the U.S. economy? What is temporary.
Chapter 9: Labor Section 2. Copyright © Pearson Education, Inc.Slide 2 Chapter 9, Section 2 Objectives 1.Analyze how supply and demand in the labor market.
Wage Determination How much should you get paid?.
Labor Chapter Nine. Labor market trends Section One.
Labor Market Trends Chapter 9 Section 1. The Labor Force Economics define the labor force as all nonmilitary people who are employed or unemployed.
Take a guess… What is the average income (in this country) for the following professions: – Janitors $24,000 – Teachers $56,000 – Surgeon $231,000.
Labor Market Trends How do economists define the labor force?
[ 5.6 ] Labor and Wages.
Labor: Labor Market Trends/Labor and Wages Ch. 9
The Value of an education
The Labor force Wages & Unions.
The Labor Force.
The United States Labor Force
The United States Labor Force
Labor Market Trends How do economists define the labor force?
Labor Market Trends How do economists define the labor force?
Western Oklahoma Electrical JATC
Labor Market Trends How do economists define the labor force?
The United States Labor Force
Educational Attainment of the U.S. Population Over Age 25
Employment Trends in the New Millennium
Labor.
Category of Workers.
EDUCATION AND ECONOMIC POWER
Chapter 9: Labor Section 2
The Handy Dandy Guide 1. People choose. 2. People’s choices always have costs. 3. People respond to incentives in predictable ways. 4. People create economic.
Presentation transcript:

Learn More, Earn More

Education and Income Potential earnings increase with increased educational attainment.

Education and Personal Income High School $26,505 Some College $31,054 Bachelor’s Degree $43,143 Bachelor’s Degree or more $49,303 Master’s Degree $52,390 Doctorate Degree $70, 853

Trends in Wages and Benefits Earnings Up for Some, Down for Others Earnings for college graduates have increased, while earnings for workers without college degrees have decreased.

Wages and Skill Levels Wages vary according to workers’ skill levels and education. Jobs are often categorized into the following four groups: Unskilled Labor Unskilled labor requires no specialized skills, education, or training. Examples: waiters, messengers, janitors Semi-Skilled Labor Semi-skilled labor requires minimal specialized skills and education. Example: fork-lift operator Skilled Labor Skilled labor requires specialized skills and training. Examples: auto mechanics, plumbers Professional Labor Professional labor demands advanced skills and education. Examples: lawyers, doctors, teachers

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2025 SlidePlayer.com. Inc. All rights reserved.