Labor Market Information (LMI) encompasses data collected and analyzed by State Workforce Agencies (SWAs) to understand employment trends, wages, and occupational demands. This comprehensive article explores the historical context, key categories, events, models, and the importance of LMI in various sectors.
Moonlighting refers to employees who work a second job in addition to their primary employment, often during night hours. The term derives from the practice of taking on extra work outside of one's usual daytime hours.
A comprehensive guide on Skill Obsolescence, exploring how trades, occupations, and skills become redundant due to advancements in technology and automation.
Comprehensive overview of cyclical unemployment, including its definition, causes, types, and real-world examples. Understand how economic recessions and expansions impact unemployment rates over the business cycle.
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