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The Breadth of the Market Indicator

question 16

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The breadth of the market indicator


Definitions:

Abilities

The skills or competencies individuals possess, which enable them to perform specific tasks effectively.

Job Specifications

A detailed description of the qualifications, skills, experience, and attributes required for a person to perform a specific job.

Skills

Refers to the learned abilities or expertise that an individual possesses, which enable them to perform tasks or jobs effectively.

Labour Market

The supply and demand for labor, where employers seek to hire workers and individuals seek employment.

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