R3

How will each of the following scenarios impact the market for labour

Improvements in education and training raise the general level of productivity

Using (Decrease wage rate, increase employment, employment unchanged, shift outwards/to the right, increase wage rate, wage rate unchanged, shift inwards/to the left, decrease employment, curve unchanged movement along the curve).

Impact on demand for labour _______

Impact on the supply of labour _______

Impact on age rate ________

Impact on employment rate. ________