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What are the pros and cons of free labor markets based on

Loosely Regulated Markets and Government Regulation:

The United States has one of the world's freest labor markets. Please research free labor markets around the world as well as your local (Roanoke, Virginia) labor market. What type of market exists in your local area (Roanoke, Virginia)? What are the pros and cons of free labor markets? Based on your reading and analysis, is there a need for government regulation?

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