Examlex
Which group is most likely to experience chronic unemployment?
Wage Differences
The variation in pay for employment that may arise from factors like occupation, experience, education, and sometimes gender or ethnicity.
Median Earnings
The middle value of earnings in a given distribution, such that half of the population earns more and the other half earns less.
Labor Market
The supply of available workers in relation to available work.
Median Earnings
The middle value of earnings in a given distribution, such that half of the population earns more and half earns less.
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