The Tug-o-War of Labor Markets

What determines wages—the amount you get paid to do a job? Perfect for high schoolers, teens building their financial literacy, or anyone about to start a new job, this episode explores how supply and demand shape the labor market. From hiring decisions based on the marginal product of labor to wage negotiations and personal trade-offs between earning more and working less, it’s a real-world tug-o-war with big implications.