Economics: Employment, Labor, and Wages

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Across
  1. 2. The US has shifted from a ____________________ economy in the 1800s to a industrial giant in the 1900s.
  2. 4. If you were working as a busser for tables at a restaurant , you would fall into this job category:
  3. 5. The earnings for ________________ _______________________ have increased in modern times.
  4. 11. When there is no cyclical unemployment, ____________________ employment is reached.
  5. 15. When someone is working a job they are overqualified for, they are:
  6. 16. This is when a third party reviews both sides of a case and the arguing parties agree to whatever decision is reached
  7. 18. All non-military people who are employed or unemployed
  8. 19. Labor demand says that the higher the _______________________, the less labor demanded by employers.
  9. 20. Employers resisted Union strikes with lockouts, __________________ and company unions
  10. 21. The ____________________ minimum wage has risen over time.
  11. 22. the cost of _________________________ has increased in modern times.
  12. 23. If someone had a eletrician's license, but hadn't been to college for it, they would fall into this labor category:
Down
  1. 1. This type of unemployment happens when an employee's skills don't match the jobs available, like a machine replacing a checker at Walmart
  2. 3. If someone was a surgeon and had a doctorate, they would fall into this labor category:
  3. 4. someone that is able to work, and looking for work, but can't find work, would be considered:
  4. 6. The US is shifting from a manufacturing economy to a __________________________ economy right now.
  5. 7. This type of employment usually has flexible work arrangements, but often has less or no benefits than full time
  6. 8. This theory states that employers are more willing to pay for workers with indicators of superior ability.
  7. 9. Workers that are _______________________ employees may not strike.
  8. 10. Reasons to join unions included better wages and benefits and better working ___________________.
  9. 12. The _____________________ theory of wage determination says that supply and demand determine an equilibrium wage rate.
  10. 13. the ____________________________ effect is the theory that education increases productivity and results in higher wages.
  11. 14. If someone had a CDL and was working as a truck driver, they would fall into this job category:
  12. 17. The _____________________________________ effect suggests that completing college shows an employer that an applicant is intelligent and has a good work ethic.