Inquiries Filed Under:

Labor Market

About the inquiry

This inquiry explores some of the dynamic changes occurring in the US labor markets through the investigation of the compelling question “Does it matter what I want to be when I grow up?” The importance of understanding labor markets in this inquiry is twofold: (1) students should be able to understand some of the changes that exist and persist in today’s labor markets, especially labor demand (or derived demand), and (2) students will benefit from understanding fluctuations in supply and demand and how they affect wages. While progressing through the inquiry, students should analyze the structural changes occurring in the labor markets and affirm or perhaps refocus their own career goals and pathways. In doing so, students can cement their theoretical understandings of supply and demand and the impact of market forces on their own career choices.

Compelling Question

Does It Matter What I Want to Be When I Grow Up?

Staging Question

Complete a job interest inventory and make a list of suitable and interesting career possibilities.

Supporting Question

What economic trends have influenced labor market demand?

Formative Tasks

List and explain five major trends that have influenced labor market demand in the past 20 years.

Sources

Source A: “The Most Common Job In Every State” map Source B: “Fastest Growing Occupations, 2012 and projected 2022” Source C: Excerpt from The Polarization of Job Opportunities in the US Labor Market

Supporting Question

How are producers affected by labor market supply?

Formative Tasks

Write a paragraph that explains a possible skills gap in the US labor market and how the gap might affect labor market supply.

Sources

Source A: Excerpt from Chasing the American Dream: Recent College Graduates and the Great Recession Source B: “Jobs and Skills and Zombies”

Supporting Question

How do market forces interact to create wage-price equilibrium?

Formative Tasks

Guided Practice Construct and annotate a changing labor market demand-and-supply graph for the US truck-driving industry over a 10-year period.

Sources

Source A: The Labor Market—The Economic Lowdown Video Series, Episode 4 Source B: “The Most Common Job in Every State” map Source C: Excerpt from “Heavy and Tractor-Trailer Truck Drivers Job Outlook”

Supporting Question

How do market forces interact to create wage-price equilibrium?

Formative Tasks

Independent Practice Construct and annotate a changing labor market demand-and-supply graph for one of the job selections from Staging the Compelling Question.

Sources

Source A: Sources generated by students or teachers to support analysis

Summative Performance Task

Argument: Does it matter what I want to be when I grow up? Construct an argument (e.g., detailed outline, poster, essay) that addresses the compelling question using specific claims and relevant evidence from contemporary sources while acknowledging competing views.

Extension: Debate the growing concerns about the rising cost of higher education and the extent to which college is worth the time, effort, and financial cost to students.

Taking Informed Action

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