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The descriptions give the responses of four individuals to Statistics Canada.
1.Mollie just graduated from university and is now looking for work.She has had three job interviews in the past month.
2.George works in an automotive assembly plant.He was laid off six months ago as the economy weakened.He expects to return to work in several months when national economic conditions improve.
3.Jeanette worked as an aircraft design engineer for a company that produces military aircraft until she lost her job last year when the federal government cut defence spending.She has been looking for similar work for a year but no company seems interested in her aircraft design skills.
4.Ryan lost his job last year when his company downsized and laid off middle-level managers.He tried to find another job for a year,but was unsuccessful and quit looking for work.
-Refer to the above information.Which individual would be included in the calculation of the full-employment unemployment rate?
Scientific Management
A theory of management that analyzes and synthesizes workflows to improve economic efficiency, especially labor productivity.
Frederick W. Taylor
Regarded as the father of scientific management, his work focused on improving industrial efficiency through the study of workflows and worker productivity.
Henry L. Gantt
An American mechanical engineer and management consultant who developed the Gantt chart, a popular project management tool.
Statistics
The branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data.
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