With the U.S. unemployment rate stuck around 9 percent, economics correspondent Paul Solman explores whether widespread joblessness is simply the result of a weak economy or if a broader shift toward higher-skill work is occurring that could leave many Americans behind even when the economy recovers.
OTHER RELATED LESSONS
Income for most people is determined by the market value of the productive resources they sell. What workers earn depends, primarily, on the market value of what they produce and how productive they are.
Grades 6-8, 9-12
This lesson examines the April 5, 2013, U.S. Department of Labor, Bureau of Labor Statistics, announcement of U.S. employment data and the unemployment rate for the month of March, 2013. This lesson introduces the basic concepts of the BLS employment and unemployment data. The meaning and importa...
When Henry Ford announced he was going to produce an automobile that would be affordable to the masses, he probably did not realize what a great impact his achievement would have on life in the United States. and, eventually, the world. Ford’s use of mass production strategies to manufactur...
Grades 6-8, 9-12
This lesson examines the U.S. Department of Labor, Bureau of Labor Statistics, announcement of employment data and the unemployment rate for the month of April, 2013, reported May 3, 2013. This lesson introduces the basic concepts of the BLS employment and unemployment data. The meaning and impor...
Students will apply their knowledge of economics to the analysis and interpretation of jokes, quotations, and cartoons in economics. Students will watch a Paul Solman video of an interview of Yoram Bauman, the Stand up Economist. Students will use Daryl Cagel's cartoon website, Jokes on the Web...
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