Labor
“Don't mistake activity with achievement". -John Wooden
What Is Labor?
Labor is a skilled or unskilled worker doing productive activity for economic gain. Hard work like working in a industry.
Labor/Workers
- Blue-collar workers:working class employee who performs manual skilled labor
- White-collar workers:perform tasks that require less physical labor
Division Of Labor:is the breaking down of a job into separate,smaller,tasks which are performed by different workers.
The economy has added 8.1 million jobs, and the unemployment rate has falling from 10% to 6.2 %. The labor market has approve very good today than at the point since the Great Recession, but it still has a long way to go before it returns to normal and stable conditions.