SS.912.FL.2.5

Discuss reasons why changes in economic conditions or the labor market can cause changes in a worker’s income or may cause unemployment.

Examples

Example: Explain how an increase in the demand for mobile applications might affect the wages paid to software developers.

Clarifications

Clarification 1: Instruction includes discussing how a recession may impact the unemployment rate.

Clarification 2: Instruction includes how changing and emerging technologies may impact the unemployment rate.

General Information
Subject Area: Social Studies
Grade: 912
Strand: Financial Literacy
Status: State Board Approved

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