Analyze the labor market for the U.S. on theNational Occupational Employment(Links to an external site.)

page from the BLS.

1. Click on the links for the highest paying for each of the categories provided.
2. Then click on the highest and lowest paying states link.
3. Next, click onhttps://www.bls.gov/mwe/avg-hourly-wages-for-union-nonunion-fulltime-parttime-workers.htm

(Links to an external site.)

What trends do you notice? How are the trends of human and physical capital applied? Review all the data carefully. Apply economic theories and models to support your response.