Economics-Labor Unions

Front 1

a measure that bans mandatory union membership

Back 1

right-to-work law

Front 2

the wage rate that gives neither an excess supply of workers nor an excess demand for workers

Back 2

equilibrium wage

Front 3

an unofficial, invisible barrier that prevents women and minorities from advancing in businesses dominated by white men

Back 3

glass ceiling

Front 4

labor that requires minimal specialized skills and education

Back 4

semiskilled labor

Front 5

the theory that education increases productivity and results in higher wages

Back 5

learning effect

Front 6

an organization of workers that tries to improve working conditions, wages, and benefits for its members

Back 6

labor unions

Front 7

someone in a professional or clerical job who usually earns a salary

Back 7

white-collar worker

Front 8

an organized work stoppage intended to force an employer to address union demands

Back 8

strike

Front 9

workers who require specialized training and skills

Back 9

skilled labor

Front 10

a settlement technique in which a third party reviews the case and makes a decision that is legally binding for both sides

Back 10

arbitration

Front 11

temporary or part-time employment

Back 11

contingent employment

Front 12

the theory that the completion of college indicates to employers that a job applicant is intelligent and hard-working

Back 12

screening effect

Front 13

the value of a worker's output

Back 13

productivity

Front 14

the practice of negotating labor contracts that keep unnecessary workers on a company's payroll

Back 14

featherbedding