Answer:
Understanding how education and training interact with the economy can help explain why some workers, businesses, and economies flourish, while others falter. Conversely, industries with higher education and training requirements tend to pay workers higher wages. The increased pay is due to a smaller labor supply capable of operating in those industries, and the required education and training carries significant costs. Industries with higher education and training requirements tend to pay workers higher wages. An economy's productivity rises as the number of educated workers increases since skilled workers can perform tasks more efficiently. How Education And Training Affect The Economy How Job Training Influences the Economy A successful economy has a workforce capable of operating industries at a level where it holds a competitive advantage over the economies of other countries.
If increases in pay are warranted as a result of the training, will the increases in productivity and profits be enough to cover any pay raises as well as the overall cost of the training program? employers should be wary about newly trained workers leaving, many employers require workers to remain with the firm for a certain amount of time in exchange for paid training. For Workers Workers increase their earning potential by developing and refining their capabilities and skills. Primary—elementary school in the U.S. Secondary—middle school, high school, and preparatory school Post-secondary—university, community college, vocational schools A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking. However, as more workers get trained over time and enter the workforce to chase the higher wages, the supply of trained workers increases. As wages fall, fewer workers are interested in those jobs, leading to a reduction in the supply of workers. The cycle begins again with training more workers and increasing their wages in the short run. Because of the falling wage rate, fewer workers are interested in training for the skills demanded by employers. Education, Training, and Race In the U.S., education doesn’t always result in higher wages for all workers. The gaps also persist across all levels of education: Black workers who have high school, college, and advanced degrees earn just 81.7%, 77.5%, and 82.4%, respectively, of what White workers with the same degree earn.1 And the unemployment rate of Black workers who have a bachelor’s degree is similar to that of White workers without a college education.2 Economies with a significant supply of skilled labor, brought on through formal education as well as vocational training, are often able to capitalize on this through the development of more value-added industries, such as high-tech manufacturing. Countries need to ensure through legislation and jobs programs that all their citizens have access to the education and training that can lift up workers, companies, and the entire economy.
explanation:
Pepsi and coke they beefin
Answer:
Statement Revision for positive and courteous meanings:
1. Work will resume on the building construction as soon as the soil is dry.
2. Please, fill the application and attach a recent photo for the issuance of a passport.
3. We are sending you a replacement blade plus its installation manual.
4. Please, provide the discount code in order to access the 25 percent discount.
5. I will commence this new assignment immediately after I have completed the previous two research tasks.
6. The first 25 customers will enjoy a 50 percent discount.
Explanation:
After the revision of the above statements, they sound more positive and courteous. Moreover, they have been shortened to eliminate irrelevant phrases.
Answer:
The statement is: True.
Explanation:
Supply Chain Management aims to streamline the processes involved in the supply chain. The supply chain is a complex network of activities and resources involved in transferring raw materials, parts, and finished goods from initial manufacturers to end consumers.
<em>We could say then, that the supply chain management has a dual role: one driven by the manufacturers needs to be communicated to suppliers and the second represented by the number of activities that the supply chain processes demand managers and engineers to structure.</em>