Unemployment Rates for Skilled Workers Compared to Unemployment Rates for Unskilled

question 183

Multiple Choice

Unemployment rates for skilled workers compared to unemployment rates for unskilled workers are

• A) lower, because skilled workers tend to be employed in less cyclically vulnerable industries, such as the services and nondurable goods industries.
• B) higher, because skilled workers tend to be employed in more cyclically vulnerable industries, such as the durable goods industry.
• C) higher, because businesses are less likely to retain the more costly skilled workers no matter what type of industry.
• D) lower, because skilled workers tend to be primarily employed by government at the local, state, and federal levels.

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Definitions:

Leadership

The process of directing and influencing the actions of members within a group.

Controlling

The process of monitoring performance, comparing it with goals, and taking corrective action as needed.

Planned

Refers to activities or actions that have been thoughtfully considered and organized in advance.

Accomplished

Having successfully completed or achieved a goal or objective; skilled and capable.