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Table 20-2
2009 Labor Data for Baltivia
-Refer to Table 20-2.What was Baltivia's labor-force participation rate in 2009?
Essential Services
Services considered necessary for the safety, health, and welfare of the public, which may be exempt from labor strikes.
Economic Markets
Systems where parties engage in exchange of goods, services, and information, often regulated by supply and demand.
Unilateral Change
Actions taken by one party, especially in a contractual relationship, without the agreement or consent of the other party.
Bad Faith Bargaining
Negotiating with deceitful intent or a refusal to engage in meaningful negotiation, violating the principles of fair bargaining.
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