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Bell Ringer The first two major Union Organizations? What are “scabs?” What are “yellow-dog” contracts? What led to the decline of unions? What were the reasons to have unions? What makes a “discouraged worker?” Who wrote the Communist Manifesto? What are some reasons for differences in wages? Chapter 9 Labor Market Trends Section 3 Objectives 1. Compare and Contrast occupational trends in manufacturing and service jobs in the United States 2. Summarize trends in the makeup of the U.S. Labor Force 3. Identify and Analyze trends in the wages and benefits paid to U.S. workers. Vocabulary Theories Learning Effect –education increases productivity and results in higher wages Screening Effect –completion of college indicates that a job applicant is intelligent and hard-working Contingent Employment – a temporary or part-time job Service Industry Banking, insurance, investment Web-design, on-line marketing, advertising, research Health care, consultation Manufacturing jobs sent overseas Un-skilled workers forced to go to school or enter job training programs The Changing U.S. Worker Today 1950s Human Capital White Males Educ., Training, Exp. High School Women in the Work 40hr/wk Force 20 years Temporary Workers Trends of Wages and Benefits With greater competition from foreign companies the demand for low-skilled workers has decreased Earnings for non-college graduates has greatly decreased over 20 years Benefits such as health insurance and pensions have increased costs for businesses which decrease profits Contingent Employment Move jobs overseas Temporary Employment 1. Easier to hire or layoff workers when business is up or down 2. Easier to discharge temporary workers 3. Paid less and fewer benefits 4. Some workers prefer this type of employment Current Events Diigo Accounts Make a comment on my post Find your own current event article to share Highlight the page using all 4 high lighters Make at least one sticky note Make a comment on a classmates post Test Online test with 18 questions Open Notes 3 essays Closed Notes Essays Why have unions declined in the private sector? Pg. 215 What factors have contributed to the earning gap between men and women? Pg. 226 Why are companies relying on contingent employment? Pg. 233 Homework Bring in items Essays 1. Why have unions declined in the private sector? 2. What factors have contributed to the earning gap between men and women? 3. Why are companies relying on contingent employment?
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