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2 years ago

Recent trends show that the percentage of the labor force represented by unions has _____.

Business

1 answer:

GaryK [48]2 years ago

3 0

Recent trends show that the percentage of the labor force represented by unions has decreased.

<h3>What is labor force ?</h3>

Anything that is structured and compensated in a formal way is considered to be formal labor. Formal employment within a nation boosts its gross national product, unlike employment in the unorganized sector of the economy. Work that isn't covered by a formal contract under the law or in practice is considered informal. It can be either paid or unpaid, but it is almost always unorganized and unregulated. Over time, formal employment has shown to be more reliable. The former typically produces higher income as well as more advantages and security for both men and women.

A term used to describe the group of people who are either employed or unemployed is "the workforce" or "labor force."

To learn more about labor force from the given link:

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