This video teaches the concepts of Employment and Unemployment. Employment refers to people who have jobs while unemployment refers to people who wish to work but cannot find jobs.

Key Concepts

Aggregate Demand (AD), Aggregate Supply (AS), Fiscal Policy, Human Capital, Unemployment, Unemployment Rate, Cyclical Unemployment, Employment Rate, Frictional Unemployment, Structural Unemployment


Focus on Economic Data: U.S. Employment and the Unemployment Rate, November 8, 2014

This lesson uses the latest employment and unemployment data release by the U.S. Department of Labor, Bureau of Labor Statistics, for the month of October, reported Nov. 7, 2014. The lesson presents the kinds of unemployment and asks students to think about what the optimal level of unemployment ...

Grades 9-12

Phillips Curve

This lesson explores the relationship of unemployment to inflation in the 1960s and after. Students will discover the short-run trade-off between inflation and unemployment when unemployment is less than its natural rate. Students will learn how wage setters formed adaptive expectations about fu...

Grades 9-12

The Unemployment Game

Students will learn about important labor market statistics that are frequently discussed in the media. An understanding of the unemployment rate and labor force participation rate will be developed through participation in an interactive simulation game.

Grades 9-12

Henry Ford and the Model T: A Case Study in Productivity (Part 2)

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

Why Work Now?

Why do people work so hard? Why aren't you just assigned a job that you are interested in and get paid as much as the next guy? This lesson will show you why employers want the best workers that their money can buy!

Grades 3-5, 6-8


    Be the first to review this interactive tool!

    Add a Review