Local Job Market
Getting Paid
Vocab
This or That
Previous Units
100

One of the top 50 employers in Lancaster County

Accept any employer on the top 50 list

100
Another word for how much you are paid for a job. Can be hourly or salaried. 

What is wages? 

100

When one person/company owns/controls a product or service. 

What is a monopoly?

100

Meaning you will likely keep your job. Labor Market or Job Security. 

What is job security?

100

Categories of jobs which share similar skills/knowledge.

What are Career Clusters?

200

One of the top industries in Lancaster County

Accept any of the top 50 industries

200

The federal minimum wage (amount)

What is $7.25 per hour? 

200

The movement of labor and products around the world. 

What is globalization?

200

A cause of unemployment. Outsourcing or Competition. 

What is outsourcing? 

200

The type of 2-year degree you get from a community college or trade school. 

What is an Associate's Degree? 

300

The career cluster you were asked to highlight on the top 50 employers/industries lists

What is manufacturing? 

300

How much you will be able to get paid for your job in the future. 

What is potential earnings? 

300

An arrangement in which someone learns an art, trade, or job under another while working for them. 

What is an apprenticeship? 

300

How much people want a good or service. Supply or Demand. 

What is Demand? 

300

A type of school where you learn hands-on trades and specific job skills. 

What is a trade/technical school? 

400

The number 1 employer in Lancaster

What is Lancaster General Hospital

400

The wage at which half the workers in a job earned more and half earned less

What is median wage? 

400

The percentage of people in the labor force who are actively searching for a job but do not have one. 

What is the unemployment rate? 

400

An increase in new jobs added in an area, company or industry. Job Outlook or Job Growth. 

What is job growth? 
400

Assistance a student gets to pay for college. Includes loans, grants, and scholarships. 

What is financial aid? 

500

A local manufacturing company

What is Dart Container Corp, CHN Industrial America, Arconic US, Pepperidge Farm, Tyson Poultry, Turkey Hill Dairy, or Tait Towers Manufacturing? 

500

A general increase in prices and fall in the purchasing power of money. 

What is inflation? 

500

To obtain goods or services from an outside or foreign supplier in place of an internal source. 

What is outsourcing? 

500

When there are too many workers and not enough jobs for them. Labor Shortage or Labor Surplus. 

What is Labor Surplus?

500

The form you must complete to qualify for any federal or state financial aid. 

What is the FAFSA?