Obtaining (goods or a service) from an outside or foreign supplier, especially in place of an internal source.
Outsourcing
100
An amount of money that can be offset against a tax liability
Tax credit.
100
Invented the telephone
Alexander Graham
200
People who do not have a job, have actively looked for work in the past four weeks, and are currently available for work.
Unemployment
200
A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
Recession
200
A superiority gained by an organization when it can provide the same value as its competitors but at a lower price
Competitive advantage
200
Occurs any time an individual filing for unemployment benefits knowingly misreports information or fails to comply with the terms of the unemployment payments
Unemployment fraud
200
Invented the cotton gin
Eli Whitney
300
The time period between jobs when a worker is searching for, or transitioning from one job to another.
Frictional Unemployment
300
Habits or behaviors currently prevalent among consumers of goods or services
Consumer trends
300
Measures implemented by a company to reduce its expenses and improve profitability.
Cost cutting
300
Teaching, or developing in oneself or others, any skills and knowledge that relate to specific useful competencies
Training skills
300
E.T.'s favorite candy
Reese's Pieces
400
When the quantity of labor supplied exceeds the quantity of labor demanded
Structural unemployment
400
The sum of all wages paid to employees, as well as the cost of employee benefits and payroll taxes paid by an employer.
Labor costs
400
Country that receives the most American outsourced jobs
India
400
Assigning a project to a person or department within the company instead of hiring an outside person or company to do the work. (Bringing jobs back to AMERICA!)