What division of the U.S. government conducts surveys to gather information on the people employed in America?
Bureau of Labor Statistics
The Bureau of Labor Statistics, BLS, reports the most widely known statistic which is ______
unemployment rate
The practice of contracting with another company to do a specific job that would otherwise be done by the company's own workers is called _______
outsourcing
The movement of some of a company's operations to another country have greatly caused huge shifts in demand of workers and is known as __________
offshoring
A highly controversial issue in today's labor force is the employment of __________
foreign born workers
Employment in a labor market depends on how closely the _______ for workers (number of jobs) meets the ________ of workers seeking jobs
Demand, Supply
__________ = a type of demand that is set by the demand for another good/service
derived demand
Wages are often determined by the ______, or the quantity of output produced by a unit of labor
productivity of labor
The higher the wage for a job, the higher the _________ seeking that job
number of people