Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
6 Cards in this Set
- Front
- Back
|
Labour force |
unemployed + employed |
|
|
discouraged searchers |
individuals who would like to work but have given up looking for a job |
|
|
Natural unemployment rate |
rate of unemployment to which the economy tends to return in the long run |
|
|
union |
a work association that bargains with employers over wages and working conditions |
|
|
Collective Bargaining |
process by which unions and firms agree on the terms of employment |
|
|
Strike |
organized withdrawal of labour from a firm by a union |
