Examlex
Data for 1997- 2012 on labour- force flows in Australia show that:
Less-Educated Workers
Workers with lower levels of formal education, often facing different employment opportunities and wage scales compared to more educated workers.
Minimum Wage
The lowest hourly, daily, or monthly remuneration that employers may legally pay to workers.
Average Productivity
The total output of a production process divided by the number of units of input, measuring efficiency in using inputs to produce outputs.
Noncompeting Groups
Collections of workers who do not compete with each other for employment because the skill and training of the workers in one group are substantially different from those of the workers in other groups.
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