Explain any relevant external factors that may influence wages in your area

Explain any relevant external factors that may influence wages in your area

Using online sources like the Bureau of Labor Statistics, Indeed, Payscale, Glassdoor or others, research wages for any industry positions in your area.
Explain any relevant external factors that may influence wages in your area.
Your answers should include geographic location, the supply of labor, competition for labor, the cost of living in the area, and collective bargaining efforts of labor unions in the area. Governmental influences such as local regulations or state laws may also be a factor.

We will focus on one industry, not five different industries. Our industry will be the Healthcare Industry.
Wages Section
Everyone should expound on the wages. This will allow us to incorporate different view points.
External Factors
Expound on how the below external factors and how they affect compensation: (Each of us will need to elaborate on 1 to 2 external factors. I have included my recommendations for everyone’s external factors, so that we are not going back and forth for the next two days. Your contributions will need to be paper ready, with the inclusion of citations and a decent narrative. This is my vision for the tasking. Are there any alibis? If not, then lets get started.
· geographic location, (Jiho)- This is me and my part
· the supply of labor, (Tahlia)
· competition for labor (Elizabeth)
· cost of living in the area, (Shakia)
· and collective bargaining efforts of labor unions (Daniela)
· Governmental influences such as local regulations or state laws may also be a factor. (Everyone Expound on this topic)
External Factors
Daniela: Collective bargaining efforts of labor unions

Elizabeth: Competition for labor

Jiho: Geographic location ( This is me and my part)

Shakia: Cost of living in the area

Tahlia: Supply of labor

II. Governmental influences such as local regulations or state laws may also be a factor · (Everyone Expound on this topic)

Jiho:

You can just answer under my name (Jiho) for my part for each questions.
It is not an essay, you can just answer to each questions separately.

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