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Supply and Demand of Labor

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Since the September 11th attack there has been an increase in the demand for security personnel: police, air marshals, airport security, etc. How has the higher demand affected the equilibrium wage?

In which direction do you think the labor supply and demand shifted?

I personally see a shift in both directions. Security personnel the shift would have been to the right however for airline personnel a shift to the left since there were less travelers. As for the airlines themselves experienced great financial set backs and layoffs.

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That is a very good question. However you are confusing two different things here - Security personnel with airlines.

Let's tackle the security personnel first. There is certainly an increased demand for Security personnel after the ...

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