Key Economic Points from the Article

US Weekly Jobless Claims According to a CNBC story, the US weekly jobless claims were 232,000, compared to 240,000 predictions (CNBC, 2017). This study implies that the number of Americans filing for unemployment benefits has decreased in six months, and the data further demonstrate the tightening in the labor market, prompting...

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Economics Critical Thinking

Every month, the US Bureau of Labor Statistics calculates the unemployment rate in the United States. The Bureau of Labor Statistics used data from the U.S. Bureau of the Census's Current Population Survey (CPS), which covers 60,000 members of the civilian population over the age of 16. (Marthinsen 73). The unemployment...

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Labor and Labor Statistics

Labor is an essential component of various enterprises' and organizations' production processes. As a result, labor demand is a determinant in organizations' and institutions' need for commodities and services. Individuals with various talents, knowledge, and experiences make up the national and worldwide labor pool. Furthermore, factors such as income level,...

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Contemporary employment circles, Collective Bargaining Agreements

Collective Bargaining Agreements (CBAs) continue to play an important role in ensuring that employees enhance their ties with their labor unions by having improved working conditions. Employers, on the other hand, benefit from collective bargaining agreements with employees since they establish an environment conducive to their mutual success. When collective...

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Payment in Terms of Annual Salary

Compensation and its Importance Compensation is defined as the remuneration or reward received by an employee in exchange for service or labor performed by any institution or organization. Compensation may indicate the worth of an individual's abilities and capabilities for some, while it may reflect the return on the training or...

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The Population of the Union’s Members

According to reports The SEIU (Service Employees International Union) is a labor group that speaks for over 1.9 million workers (Alberti, 2016). Also, the union represents over 100 occupations in both Canada and the United States. The Service Workers International Union s main goal is to organize its workforce across three...

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New Zealand and Diversity of the Labor Market

In contrast to their male counterparts, women have historically undergone more significant changes in the labor market, particularly in terms of pay, according to Dixon (2000, p. 127). According to the author, differences in gender inequalities are caused by both the types and distribution of jobs as well as skill...

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Protection of Employees’ Rights and Labor Relations

Criteria for Evaluating Sources Not all information available for consumption is usually of comparable quality. Similarly, the availability of material at a library or other source is never a guarantee that such information is correct or that sufficient research was conducted. As a result, some criteria contribute to the evaluation of...

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Workplace Violence Trend

Occupational Violence Occupational violence refers to any sort of emotional or physical abuse that occurs in the workplace. It can vary from physical assault and threats to verbal abuse and even murder. Workplace harassment can affect visitors, consumers, clients, and employees. According to the Bureau of Labor Statistics Census of Fatal...

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Background and historical perspective of CIO and IT

One of the most significant war battles developed in the 1930s between the crafts unions and the industrial unions. As a result, it was necessary to separate skilled laborers from unskilled laborers. As a result, when the American Federation of Labor (AFL) expressed reservations about separating the two unions, John...

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Analyzing Macroeconomic Data, BMCC Newsletter Nov 11, 2017

The Bureau of Labor Statistics' monthly employment report, released on November 3, 2017, is extremely enlightening about the condition of the US economy. The report reflects a steadily growing economy that is daily matching towards full employment, where every willing and able to work person will be employed; this is...

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Essay on impacts of immigration workers

The Effects of Immigration on the Labor Market The effects of immigration workers on the labor market are mostly determined by the skills of existing workers, the features of the host economy, and the capacity of the migrants. Similarly, the consequences will change depending on whether the immigration is short-term or...

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