In 2016 the Bureau of Labor Statistics Reported That There

question 127

Multiple Choice

In 2016 the Bureau of Labor Statistics reported that there were 57.1 million people over age 25 whose highest level of education was some college or an associate degree.Of these,36.4 million were employed and 1.5 million were unemployed.What were the labor-force participation rate and the unemployment rate for this group?

• A)66.4% and 2.6%
• B)66.4% and 4.0%
• C)63.7% and 2.6%
• D)63.7% and 4.0%

Acknowledge the relationship between employee treatment, productivity, and turnover.

Recognize the components of the human resource management process.

Understand the correlation between people-centered practices and organizational outcomes.

Understand the various sedimentary resources and their importance.

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Definitions:

International Trade

The exchange of goods, services, and capital between countries, driven by comparative advantages and economies of scale.

Financial Account

A component of the balance of payments that records transactions involving financial assets and liabilities between residents of a country and non-residents.

Oil Imported

The total volume of crude oil and petroleum products that a country acquires from foreign sources to meet its energy and fuel needs.

Dividends

Payments by a corporation of all or part of its profit to its stockholders (the corporate owners).