Draw a supply and demand diagram with the price of labour (the wage rate) on the vertical axis and the quality of labour (number of workers) on the horizontal axis. What will happen if the government raises wages from the equilibrium to some minimum wage above the equilibrium

I can't draw diagrams directly, but I can certainly describe how to create one and explain what happens if the government raises wages above the equilibrium.

### Creating the Supply and Demand Diagram:

1. **Axes**:
- **Vertical Axis**: Label this axis "Wage Rate" to represent the price of labor.
- **Horizontal Axis**: Label this axis "Quantity of Labor" to represent the number of workers.

2. **Curves**:
- **Supply Curve (S)**: Draw an upward-sloping curve from left to right. This reflects that as wages increase, more workers are willing to provide their labor.
- **Demand Curve (D)**: Draw a downward-sloping curve from left to right. This indicates that as wages decrease, employers are more willing to hire more workers.

3. **Equilibrium Point**: Where the supply and demand curves intersect is the equilibrium point, which determines the equilibrium wage and quantity of labor.

### Effect of Raising the Minimum Wage Above Equilibrium:

If the government raises the minimum wage to a level above the equilibrium wage, the following effects will occur:

1. **Quantity Supplied**: At the higher wage, more workers will be willing to work, increasing the quantity of labor supplied.

2. **Quantity Demanded**: However, employers will be less willing to hire as many workers at this higher wage, leading to a decrease in the quantity of labor demanded.

3. **Surplus of Labor**: As a result, a surplus of labor will occur because the quantity of labor supplied exceeds the quantity of labor demanded at the new minimum wage. This surplus represents unemployment, as some workers will not find jobs due to the higher wage that employers are unwilling to pay for their labor.

### Summary:

- **At equilibrium**: The market finds a balance between the quantity of labor supplied and demanded.
- **After raising the minimum wage above equilibrium**: The quantity of labor supplied exceeds the quantity demanded, resulting in unemployment (surplus of labor).

This can be visually represented on your diagram by indicating the new wage level above the equilibrium point and marking the corresponding quantities supplied and demanded, clearly showing the surplus labor.