Labor Force
Employment
Working
100
What is the U.S. labor force?
People who have or want a job over the age of 16.
100
What differences can affect your wages?
Education, Responsibilty
100
What is money typically taken out of your paycheck for?
Social security, taxes, insurance, etc...
200
Who does the labor force not include?
Retired, Disabled, College
200
What are the skill levels of the labor force?
Professional, Skilled, Semi-skilled,Unskilled
200
What is net income?
Paycheck after taxes
300
What are the three basic sectors of the work force?
Construction/Manufacturing, Service, Agriculture
300
How can you protect yourself if you're unemployed?
savings account, career counselor
300
What is gross income?
Paycheck before taxes
400
What benfits do some workers receive?
Health insurance, retirement packages
400
What are four reasons that cause people to be out of work?
technology, seasonal, layoffs, disabilities
400
What information should be in your resume?
Name, goals, experience, community service, etc...
500
How are workers protected?
OSHA, Unions, Laws
500
What is the current unemployment rate?
8.5%
500
How many workers make up the U.S. Labor Force?
140 million
M
e
n
u