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from the Table Above, Which Gives Data About the Category

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 Category  Number of people  (millions)   Discouraged workers 5 Unemployed workers 12 Employed workers 48 Working-age population 100\begin{array} { l c } \hline { \text { Category } } & \begin{array} { c } \text { Number of people } \\\text { (millions) }\end{array} \\\hline \text { Discouraged workers } & 5 \\\text { Unemployed workers } & 12 \\\text { Employed workers } & 48 \\\text { Working-age population } & 100 \\\hline\end{array}
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From the table above, which gives data about the U.S. labor market in 1933, the labor force is


Definitions:

Arbitrator

An independent person or body officially appointed to settle a dispute, often chosen by the parties involved for their expertise in a specific area.

Settlement Terms

Conditions that are agreed upon by parties to resolve a dispute or a lawsuit, often involving compromises or payments.

Bargaining Obligation

The legal responsibility of employers and unions to negotiate in good faith over terms and conditions of employment, including wages, hours, and working conditions.

Impasse

A situation in negotiations where no agreement can be reached because the parties involved cannot find a solution to their differences.

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