1 / 4

Navigating Labor Market Dynamics in Finance: Understanding Supply and Demand Consequences

Explore the impact of job cuts in finance on labor supply and demand, equilibrium wage rates, and hours. Learn how firms' actions affect the market forces and equilibrium outcomes.

joshuasimmons
Download Presentation

Navigating Labor Market Dynamics in Finance: Understanding Supply and Demand Consequences

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

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

  3. Labor Supply Curve After the decrease in demand for jobs in the financial market. 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.

More Related