copyright © 2009 pearson education, inc. 2- 1 topic 1. chapter 2 overview of labor market
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Figure 2.1: Labor Force Status of the U.S. Adult Civilian Population, April 2007
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Table 2.1: Labor Force Participation Rates by Gender, 1950-2007
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Figure 2.2: Unemployment Rates for the Civilian Labor Force, 1946-2006
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Figure 2.3: Employment Distribution by Major Nonfarm Sector, 1954-2007
(detailed data in table on next slide)
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Figure 2.4: Relationship between Wages, Earnings, Compensation and Income
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Table 2.2: Nominal and Real Hourly Earnings, U.S. Nonsupervisory Workers
in the Private Sector, 1980-2006
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Table 2.3: Labor Demand Schedule for a Hypothetical Industry
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Figure 2.7: Shift in Demand for Labor Due to Increase in Product Demand
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Figure 2.8: Possible Shifts in Demand for Labor Due to Fall in Capital Prices
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Figure 2.10: Shift in Market SupplyCurve for Paralegals as Salaries of
Insurance Agents Rise
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Figure 2.11: Supply of Paralegals to a Firm at Alternative Market Wages
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Figure 2.13: Demand and Supply at the “Market” and “Firm” Levels
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Figure 2.14: New Labor Market Equilibrium after Demand Shifts Right
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Figure 2.15: New Labor Market Equilibrium after Supply Shifts Left
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Figure 2.16: New Labor Market Equilibrium after Supply Shifts Right