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Labor markets are an important concept to understand in terms of how wages are determined. Explain how COVID has impacted wages in our economy. Please

Labor markets are an important concept to understand in terms of how wages are determined. Explain how COVID has impacted wages in our economy. Please provide examples in your work. Analyze how firms are struggling to hire workers given the shortage of labor and how firms can solve for this particular challenge.

Please use APA formatting and cite sources.

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