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Warm Up How has farming output increased with a labor decrease?

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Presentation on theme: "Warm Up How has farming output increased with a labor decrease?"— Presentation transcript:

1 Warm Up How has farming output increased with a labor decrease?
What are you doing this weekend? 1.Use of technology

2 The Labor Force Economics Standard 12.14.2
Learning Goal: I will learn about the different types of labor by categorizing labor.

3 I. Definition People who are 16 or older who are either working or looking for work Does not include military jobs

4 II. Trends More diversity (age, ethnicity, gender)
Shift from producing goods (ex., factories & farming) to service industries (ex., transportation, finance, restaurants…)

5 Diverse Labor Force

6 Elderly Worker

7 Service Industries

8 III. Occupations (Jobs)
White collar: professional jobs – growing and represent ½ of workforce (ex. managers, nurses, lawyers, bankers…) Blue-collar: manual labor jobs - decreasing (ex. assembly line factory work)

9 Business Suit

10 Blue Collar

11 General Motors Plant

12 Factory Work

13 IV. Technological Revolution
Automation: machines replace people Computers: create entirely new jobs

14 Automation

15 Computer

16 V. Why Do Some Jobs Pay More?
Supply of labor vs. demand for labor Supply linked to education/skills Demand linked to consumer demand Labor Unions Government Legislation (ex. minimum wage)

17 Heart Surgeon

18 Janitor

19 Teamsters

20 Minimum Wage

21


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