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The Natural Rate of Unemployment Can Change Over Time as Technological

question 17

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The natural rate of unemployment can change over time as technological, demographic, institutional, and other conditions vary.


Definitions:

Coaching

A form of training where an experienced employee offers performance advice to a less experienced co-worker.

On-The-Job Training

A form of training taking place in a normal working situation using the actual tools, equipment, documents, or materials that trainees will use when fully trained.

Performance Advice

Recommendations or guidance aimed at improving an individual's or group's work results.

Intent of Socialization

The purpose behind the process of learning and integrating values, behaviors, and norms of a society or group to become functional members.

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