labour market

Question 1

Q1: What’s the job market?

Answer 1

A1: Where people find work and companies hire.

Question 2

Q2: Who’s in the labor force?

Answer 2

A2: People working or looking for work.

Question 3

Q3: What’s the unemployment rate?

Answer 3

A3: Percentage of people wanting a job but can’t find one.

Question 4

Q4: What makes more jobs available?

Answer 4

A4: More demand for goods and services.

Question 5

Q5: What makes it harder to find a job?

Answer 5

A5: Not enough demand for workers’ skills.

Question 6

Q6: What decides how much you get paid?

Answer 6

A6: How much your skills are needed and how many people have those skills.