Examlex
The _____ method of job evaluation is the most commonly used method in the United States and Europe.
Skill Mismatch
A discrepancy between the skills offered by workers and the skills demanded by employers, which can lead to structural unemployment and inefficiency in the labor market.
Stagnant Economy
An economic condition characterized by slow or no growth in production, employment, and other indicators of economic health.
Simultaneous Inflation
A situation where prices of goods and services rise at the same time across different sectors of an economy.
Prices Rising
An increase in the general level of prices of goods and services in an economy over a period of time.
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