Title: Unit 8: Labor Markets Curriculum Alignment (Teacher Only)
Course: Alabama Economics Sample Syllabus > Section: Unit 8: Labor Markets

8. Explain the impact of the labor market on the United States’ economy.

• Identifying regional characteristics of the labor force of the United States, including gender, race, socioeconomic background, education, age, and regional specialization
• Explaining how supply of and demand for labor affect wages
• Describing characteristics that are most likely to increase wage and nonwage benefits, including skill, productivity, education, occupation, and mobility
• Explaining how unemployment and inflation impose costs on individuals and nations
• Determining the relationship of Alabama and the United States to the global economy regarding current technological innovations and industries Examples: World Wide Web, peanut industry, telecommunications industry, aerospace industry
• Tracing the history of labor unions and methods of contract negotiation by labor and management