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Subduction occurs:
Secondary Labor Market
Describes jobs characterized by lower pay, less job security, and fewer benefits compared to the primary labor market, often including part-time or temporary positions.
Legal Minimum Wage
The lowest hourly rate that employers can legally pay their workers, as mandated by government law.
Employment
The condition of having paid work or owning a business that generates regular income.
Winner-Take-All Markets
Economic markets in which a small number of participants receive a large majority of gains, while the rest receive little or nothing.
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