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Labor Supply and Demand. “ House Panel Pledges to Chip Away at Pay Gap Through 2013” Student name / 2105-B 03/23/2009. Newspaper Article. “The House Armed Services Committee voted May 14 to keep whittling the military pay gap down over the next five years.”. 2.
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Labor Supply and Demand “House Panel Pledges to Chip Away at Pay Gap Through 2013” Student name / 2105-B 03/23/2009
Newspaper Article “The House Armed Services Committee voted May 14 to keep whittling the military pay gap down over the next five years.” 2
Labor Supply and Demand FY2008 Real Wage Rate (2000 dollars per hour) • Pay Gap of 3% • Steady Troop Increase • Program Funding LS EWR LD EqL Labor (billions of hrs per yr) 3
Labor Supply and Demand FY2009 Real Wage Rate (2000 dollars per hour) • Qty of Labor Supplied • Moves Upward • pay gap reduced to .9% LS EWR1 EWR • Qty of Labor Demanded • Moves Upward LD EqL Labor (billions of hrs per yr) • Labor Surplus 4