Toic 6: Flashcards
1
Q
2 Important consequences of employees participating in labour unions.
A
1) The ability to negotiate working conditions. 2) Bargaining power leading to higher wages.
2
Q
What is the difference between U3 and U6 measures.
A
U3 focuses on unemployment individuals actively looking for a job. U6 however provides a deeper look at labour market struggles.
