NPR ("Certain Green Industries Have Job Openings", November 12, 2008)

question 381

Multiple Choice

NPR ("Certain Green Industries Have Job Openings", November 12, 2008) reported on a story about wind turbine manufacturers in Ohio having trouble finding skilled workers. The report noted that as a result tens of thousands of people having been laid off, there is "a huge pool of job- seekers. " The firms claim to"offer good pay and benefits." A representative from the United Steelworkers clai their union members have easily transferrable skills, but the pay is too low, around $30,000 annually manager at Apollo Alliance says that workers in the new industry need different skills than those in steel industry.
Based on the story, the steel workers now looking for jobs would be considered _ .

• A) job losers.
• B) job entrants
• C) marginally attached workers
• D) discouraged workers.

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Definitions:

Machine Hours

A measure of production time, representing the total hours a machine is operated in the production of goods.

Factory Overhead Rate

The ratio of total indirect manufacturing costs to some base, commonly used to allocate overhead costs to products.

Direct Materials

Raw materials that are directly traceable and allocate to the manufacture of specific goods or products.

Direct Labor Rate

The cost per hour for labor directly involved in manufacturing a product or providing a service.