With Michigan soon to become the 25th state to adopt "Right to Work" laws it about time you understood them. My Johnny Cash Teacher attempt to Walk the Line and do some explain'

The video discusses the concept of the backward bending labor supply curve. The video explains the income and substitution effects that influence the supply of labor, and evaluates the impact of the backward bending labor supply curve...

The video discusses the topic of labor markets, specifically the impact of a higher minimum wage on the economy. The video analyzes the factors that affect the significance of this trade-off, such as the size of cash reserves that...

Mr. Clifford explains the Long Run Aggregate Supply Curve (LRAS) and the relationship between price level and output in the long run.

Be sure to pause the video and try the practice questions on your own. In this video I explain what you should watch out for when answering exam questions and give you several practice questions too make sure you know what happens to...

This video is an educational lesson on the supply of labor. The instructor explains the labor supply curve and how it shows the amount of labor workers are willing to provide at a given wage rate. They also discuss the factors that...

Jonas Prising, chief executive of ManpowerGroup, discusses talent shortages, wage inflation and how the pandemic has changed the expectations of employers and employees.

Before the Brexit referendum, a whole bunch of MPs explained to Britain how the economy would collapse post-Brexit. While Brexit hasn't yet happened, some did say that the destruction would take place immediately after the vote; which...

This video provides an overview of trade unions and their impact on the labor market. The presenter explains the objectives of trade unions, which include protecting workers' rights, improving their pay and working conditions, and...

Inflation is no longer transitory, but is it here to stay?



Helping you become more knowledgeable about how the world works, our content covers the biggest topics and headlines through the eyes of economists. The team...

In our society, most people have to have jobs. But what qualifies as a job? How do we determine who is part of the labor force? How has globalization impacted the labor force? We've all heard terms like outsourcing and offshoring, what...