2. For this question, you will be internet searching for some information on the labor market. Begin by searching for information on current trends in the US Labor Markets and answer the following 2 questions: A. Has overall employment been rising or falling during the past 3 years? What factors might account for this pattern? B. Have US workers' wages been rising or falling during the past 3 years? Now you will be searching for some information on the minimum wage. Using the website, www.dol.gov or any other sites you wish to use, determine information about the minimum wage. Answer the following questions: C. What is the current federal minimum wage in the U.S? D. What is the federal minimum wage for workers who receive tips in the US? E. What is the current minimum wage for the state that you live in? F. Why was the minimum wage law first enacted? G. What are the arguments for and against raising the minimum wage? 2. For this question, you will be internet searching for some information on the labor market. Begin by searching for information on current trends in the US Labor Markets and answer the following 2 questions: A. Has overall employment been rising or falling during the past 3 years? What factors might account for this pattern? B. Have US workers' wages been rising or falling during the past 3 years? Now you will be searching for some information on the minimum wage. Using the website, www.dol.gov or any other sites you wish to use, determine information about the minimum wage. Answer the following questions: C. What is the current federal minimum wage in the U.S? D. What is the federal minimum wage for workers who receive tips in the US? E. What is the current minimum wage for the state that you live in? F. Why was the minimum wage law first enacted? G. What are the arguments for and against raising the minimum wage