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Lump of labour fallacy. In economics, the lump of labour fallacy is the misconception that there is a finite amount of work—a lump of labour—to be done within an economy which can be distributed to create more or fewer jobs. It was considered a fallacy in 1891 by economist David Frederick Schloss, who held that the amount of work is not fixed.
Skilled worker. A skilled worker is any worker who has special skill, training, knowledge which they can then apply to their work. A skilled worker may have learned their skills through work experience, on-the-job training, an apprenticeship program or formal education. These skills often lead to better outcomes economically.
The name Luddite ( / ˈlʌdaɪt /) occurs in the movement's writings as early as 1811. [ 3] The movement utilised the eponym of Ned Ludd, an apocryphal apprentice who allegedly smashed two stocking frames in 1779 after being criticized and instructed to change his method. The name often appears as captain, General, or King Ludd.
List of unions affiliated with the AFL–CIO. Below is a list of unions affiliated with the AFL-CIO. Since the founding of the AFL in 1886, the AFL-CIO and its predecessor bodies have been the dominant labor federation (at least in terms of the number of member workers, if not influence) in the United States. As of 2014, the labor federation ...
Skill (labor) Skill is a measure of the amount of worker's expertise, specialization, wages, and supervisory capacity. Skilled workers are generally more trained, higher paid, and have more responsibilities than unskilled workers. [ 1]
A second-tier wage of $14.50 an hour, which applies only to newly hired workers, is lower than the average wage in non-union auto companies in the Deep South. [31] One of the benefits negotiated by the United Auto Workers was the former jobs bank program, under which laid-off members once received 95 percent of their take-home pay and benefits.
The abbreviation is not always a short form of the word used in the clue. For example: "Knight" for N (the symbol used in chess notation) Taking this one stage further, the clue word can hint at the word or words to be abbreviated rather than giving the word itself. For example: "About" for C or CA (for "circa"), or RE.
Skilled through alternative routes ( STAR) is a term to describe adults in the United States without bachelor's degrees who have work experience and skills that position them for transitions to higher-wage jobs. [1] First identified in a 2020 research paper in the National Bureau of Economic Research (NBER), STARs made up approximately 70 ...