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Steve works in purchasing for the Department of the Army on the east coast. He arrives at work at 6:00 a.m. and leaves by 3:00 p.m. He enjoys this schedule because he is an early riser. A disadvantage to the government in allowing Steve to use flextime is:
Economic Indicators
Statistics about economic activities that allow analysis of economic performance and predictions of future performance.
Structural Unemployment
A type of unemployment that results from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand.
Skills Mismatch
A discrepancy between the skills offered by labor market participants and the skills demanded by employers.
Available Job Openings
The number of job positions that are currently unfilled and available to be applied for by job seekers.
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