Examples of labor force in the following topics:
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- The labor force is the actual number of people available for work; economists use the labor force participation rate to determine the unemployment rate.
- In an economy, the labor force is the actual number of people available for work.
- The unemployment rate is measured using two different labor force surveys.
- U1: the percentage of labor force unemployed for 15 weeks or longer.
- U2: the percentage of labor force who lost jobs or completed temporary work.
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- The rate is a percentage that is calculated by dividing the number of unemployed individuals by the number of individuals currently employed in the labor force .
- Labor Force Sample Surveys: provide the most comprehensive results.
- Some individuals also choose not to enter the labor force and these statistics are also not considered.
- The unemployment rate is the percentage of unemployment calculated by dividing the number of unemployed individuals by the number of individuals currently employed in the labor force.
- Describe the rates in the U.S. of those who are employed, unemployed, and not in the labor force
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- Growth of productivity: is the ratio of economic outputs to inputs (capital, labor, energy, materials, and services).
- Labor force participation: the amount of labor force participation and the size of economic sectors influence economic growth.
- The labor force participation is the amount of workers available.
- In countries with high development and industrialization, labor force participation is high because of low birth and death rates.
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- Demographics: demographics change the employment to population ratio as well as the labor force participation rate.
- The age structure of the population affects the labor force participation rate.
- Labor force participation: the rate of labor force participation impacts economic growth.
- It is the number of people working in the labor force.
- When manufacturing increased, it created a higher productivity rate, but lowered the labor force participation, prices fell, and employment shrank.
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- The second ingredient is labor, which converts natural resources into goods.
- Throughout its history, the United States has experienced steady growth in the labor force, and that, in turn, has helped fuel almost constant economic expansion.
- Labor-force quality continues to be an important issue.
- But natural resources and labor account for only part of an economic system.
- Excessive hierarchy and division of labor increasingly are thought to inhibit creativity.
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- The American labor force has changed profoundly during the nation's evolution from an agrarian society into a modern industrial state.
- About 40 percent of the workers in the cities were low-wage laborers and seamstresses in clothing factories, often living in dismal circumstances.
- In this environment, labor unions gradually developed clout.
- Organized labor continues to be an important political and economic force today, but its influence has waned markedly.
- Organized labor, rooted in industries such as steel and heavy machinery, has had trouble responding to these changes.
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- The changing conditions of the 1980s and 1990s undermined the position of organized labor, which now represented a shrinking share of the work force.
- While more than one-third of employed people belonged to unions in 1945, union membership fell to 24.1 percent of the U.S. work force in 1979 and to 13.9 percent in 1998.
- Many older factories have introduced labor-saving automated machinery to perform tasks previously handled by workers.
- The shift to service industry employment, where unions traditionally have been weaker, also has been a serious problem for labor unions.
- As if these difficulties were not enough, years of negative publicity about corruption in the big Teamsters Union and other unions have hurt the labor movement.
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- The market-clearing wage is the wage at which supply equals demand; there is no excess supply of labor (unemployment) and no excess demand for labor (labor shortage).
- The consequence of the efficiency wage theory is that the market for labor does may not clear and unemployment may be persistently higher than its natural rate.
- Instead of market forces causing the wage rate to adjust to the point at which supply equals demand, the wage rate will be higher and supply will exceed demand.
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- At the depths of the Depression, about one-third of the American work force was unemployed, a staggering figure for a country that, in the decade before, had enjoyed full employment.
- When Roosevelt took office, he sought a number of important laws that advanced labor's cause.
- The act established the National Labor Relations Board (NLRB) to punish unfair labor practices and to organize elections when employees wanted to form unions.
- The NLRB could force employers to provide back pay if they unjustly discharged employees for engaging in union activities.
- Chavez, a Mexican-American labor leader, for example, worked to organize farm laborers, many of them Mexican-Americans, in California, creating what is now the United Farm Workers of America.
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- Since the early labor movement was largely industrial, union organizers had a limited pool of potential recruits.
- The first significant national labor organization was the Knights of Labor, founded among garment cutters in 1869 in Philadelphia, Pennsylvania, and dedicated to organizing all workers for their general welfare.
- AFL labor organizers faced staunch employer opposition.
- The labor movement suffered a setback in 1905, when the Supreme Court said the government could not limit the number of hours a laborer worked (the court said such a regulation restricted a worker's right to contract for employment).
- The principle of the "open shop," the right of a worker not to be forced to join a union, also caused great conflict.