Hispanic Workers Are Projected to Be About What Percentage of the Workforce

question 80

Multiple Choice

Hispanic workers are projected to be about what percentage of the workforce by 2050?

• A)2 percent
• B)8 percent
• C)15 percent
• D)24 percent
• E)43 percent

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Definitions:

Minimum Wage

The lowest legal wage that employers can pay workers, set by government law.

Teenagers

Individuals typically aged between 13 and 19 years, characterized by puberty, a transition from childhood to adulthood, and increased independence.

Equilibrium Wage

The equilibrium wage is the wage rate at which the quantity of labor demanded by employers exactly matches the quantity of labor supplied by workers.

Minimum Wage

The lowest legal wage that employers can pay their workers. It's a labor policy tool used to ensure workers can earn a basic standard of living from their employment.