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CHAPTER9
Labor
32
Economics
11th Grade
12/15/2008

Additional Economics Flashcards

 


 

Cards

Term
Computer jobs and health related jobs
Definition
hot job areas
Term
Bureau labor and statistics
Definition
Gives info on directions of market is going and gives monthly surveys
Term
Labor Force
Definition
all non military people who are employed or unemployed
Term
16 years old
Definition
employers consider you employed at this age
Term
unemployed
Definition
temporarily w/o work or not working but have looked for jobs within the last month
Term
full time college student,parents who stay home and raise kids,and retirees
Definition
outside the labor force
Term
discouraged workers
Definition
given up looking for a job
Term
59.2%
Definition
population of people working in 1950
Term
66.6%
Definition
population of people working in 2003
Term
service economy,technology,and information
Definition
occupational trends
Term
outsourced overseas to mexico
Definition
less demand for unskilled american workers
Term
go back to school/training
Definition
what does shipment of jobs mean for unskilled workers?
Term
white,male,high school grad,40 hours a week,job for life
Definition
typical 1950's american worker
Term
all races,gender neautral,change jobs at least 4 or 5 times,and retire at 62 or earlier
Definition
todays typical american worker
Term
Human capital
Definition
you must have this to get a job
Term
education,skill,and experiance
Definition
examples of human capital
Term
Able to adapt
Definition
most important quality of getting a job
Term
High school diploma
Definition
increasingly doesn't cut it anymore
Term
Learning effect
Definition
theory that states education increases production
Term
Screening affect
Definition
competition of college indicates to employers a job applicant is intelligent and hardworking.
Term
38%
Definition
percentage of woman working in 1960
Term
60%
Definition
percentage of woman working in 2000
Term
materialism and cost of living
Definition
why did those woman work
Term
temporary workers
Definition
these workers are rising in numbers
Term
no benefits,cheaper
Definition
why are temporary workers getting popular
Term
not as loyal
Definition
negative of a temporary worker
Term
increasing
Definition
college graduates earnings
Term
decreasing
Definition
non-degree earnings
Term
global competition and deregulation
Definition
why are they increasing and decreasing
Term
28%
Definition
what percentage do benefits makeup of total compenstaion
Term
match payments
Definition
employers do this for social security
Term
Nationalized healthcare
Definition
if trend continues,what will happen?
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