Question Write a scenario that would cause a shift in labor supply and demand. The following areas have had high job growth rates and can be used for your scenario: transportation, insurance, technology, and health care industries. Post a 200- to 300-word response that focuses on the following:
o What is the area of employment?
o Why has this shift occurred?
o In what direction would the shift in labor supply and demand go?
o What would be its effect on the equilibrium of the labor market?