Questions
What is the term used to describe the number of people who are actively seeking employment?
- Labor force
- Unemployment rate
- Employment rate
- Labor participation rate
Which of the following is not a type of unemployment?
- Frictional unemployment
- Structural unemployment
- Cyclical unemployment
- Seasonal unemployment
What is the term used to describe the percentage of the labor force that is unemployed?
- Labor force participation rate
- Employment rate
- Unemployment rate
- Labor force
Which of the following is not a type of labor union?
- Craft union
- Industrial union
- Professional union
- General union
What is the term used to describe the process of negotiating a labor contract between a union and an employer?
- Collective bargaining
- Arbitration
- Mediation
- Conciliation
Which of the following is not a type of labor law?
- Minimum wage law
- Overtime pay law
- Child labor law
- Equal pay law
What is the term used to describe the government agency that collects and publishes labor statistics?
- Bureau of Labor Statistics
- Census Bureau
- National Bureau of Economic Research
- Federal Reserve
Which of the following is not a type of labor market?
- Perfect competition
- Monopoly
- Monopsony
- Oligopoly
What is the term used to describe the difference between the wages paid to men and women for the same work?
- Gender pay gap
- Wage gap
- Income gap
- Wealth gap
Which of the following is not a type of discrimination in the workplace?
- Age discrimination
- Race discrimination
- Gender discrimination
- Disability discrimination
What is the term used to describe the process of improving the working conditions of employees?
- Labor reform
- Labor law
- Collective bargaining
- Unionization
Which of the following is not a type of labor movement?
- Trade unionism
- Socialism
- Communism
- Anarchism
What is the term used to describe the process of workers withdrawing their labor from their employer in order to achieve a common goal?
- Strike
- Boycott
- Lockout
- Picketing
Which of the following is not a type of labor dispute?
- Grievance
- Arbitration
- Mediation
- Conciliation
What is the term used to describe the process of resolving a labor dispute through the intervention of a neutral third party?
- Mediation
- Conciliation
- Arbitration
- Collective bargaining