Examlex
The return of a former correctional client to criminal behavior is known as __________.
Marginal Wage Cost
The additional cost incurred by hiring one more unit of labor, reflecting the change in total wages from employing an additional worker.
Monopsonistic Labor Market
A market condition where a single buyer (employer) controls the market for labor and determines wages and employment levels.
Labor Demand Data
Information and metrics related to the number of workers employers are willing and able to hire at different wage levels, across various industries or the economy as a whole.
Labor Supply Data
Information regarding the number of individuals available to work, including their skills and wage requirements.
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