1. Labor Supply and Demand
Less Finance May Be Just Fine
“Job cuts are the order of the day in finance – the business of money and promises.”
Student Name

2. Before the decrease in demand for jobs in the financial market.
Labor
Supply Curve
Demand Curve
Equilibrium Wage Rate
Equilibrium Labor
Real Wage Rate
Labor Hours
Finance firms are decreasing jobs, which causes a decrease in the labor demand curve.

3. Real Wage Rate Labor Hours
After the decrease in demand for jobs in the financial market.
Labor
Supply Curve
Real Wage Rate
New Equilibrium Wage Rate
New Equilibrium Labor
New Labor
Demand Curve
Labor Hours
Finance firms are decreasing jobs, which causes a decrease in the labor demand curve.