Quick Check

1. What four Factors afect the labor market?

2. What is turnover? Give some reasons for turnover.

3. In what ways can education affect a workers position in the labor market?

 

Vocab

Turnover- The number of people who leave one job for another.

 

 

Quick Check Answers

 

1. Demand, Competition, Job turnover, and location affect the job market.

2. Advancement, retirement, dismissal, and relocation.

3. The amount of education a worker has affects the income the worker will recive. Education increases the number of occupations from which a worker can choose. It also enables a worker to advance a higher position.