Over the Next Few Years, Employers May Face a Severe

question 32

Multiple Choice

Over the next few years, employers may face a severe labor shortage because .

• A)one-third of single mothers are not in the labor force
• B)there are fewer people entering the job market than there are retiring baby boomers
• C)people are living longer
• D)Hispanics will represent 11% of the civilian labor force
• E)all of the above

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Definitions:

Allowance Factor

A coefficient or multiplier that accounts for expected deviations from standard or nominal conditions, often used in design and engineering to ensure safety or compliance.

Standard Production

The established amount of output that is expected under normal operating conditions within a given time period.

Incentive Plan

A reward system designed to motivate employees by offering bonuses, commissions, or other types of compensation based on performance.

Performance Rating

An evaluation of an individual's or machine's performance, often based on predefined standards.