Introduction to Sociology



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Mod 16 Work Economy

THINK IT OVER





  • Why do you think millennials have such a high number of households living in poverty? 


GLOSSARY



discouraged workers:
those who have stopped looking for employment due to the lack of suitable positions available
structural unemployment: a societal level of disjuncture between people seeking jobs and the jobs that are available
out of the labor force: those who are not working and not looking for work—whether they want employment or not; also termed “not in the labor force”
underemployed: individuals who are employed in a job that is below their skills
underemployment: a state in which a person accepts a lower paying, lower status job than his or her education and experience qualifies him or her to perform




  1. Hicks, M. J. (2013). Notes On: Labor Markets After the Great Recession: Unemployment and Policy for Indiana. Labor Law Journal, 64(2), 103–113. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=88045408&site=ehost-live ↵

  2. BLS Reports. A profile of the working poor, 2016. Retrieved from https://www.bls.gov/opub/reports/working-poor/2016/home.htm

  3. Gurrentz, Benjamin (April 2018) Millennial Marriage: How Much Does Economic Security Matter to Marriage Rates for Young Adults? Retrieved from https://www.census.gov/library/working-papers/2018/demo/SEHSD-WP2018-09.html ↵

  4. Fry, Richard (2017). 5 facts about Millennial households. Pew Research Center. Retrieved from: https://www.pewresearch.org/fact-tank/2017/09/06/5-facts-about-millennial-households/ ↵

LICENSES AND ATTRIBUTIONS
CC LICENSED CONTENT, SHARED PREVIOUSLY

  • Modification, adaptation, and original content. Authored by: Rebecca Vonderhaar for Lumen Learning. Provided by: Lumen Learning. LicenseCC BY: Attribution

  • Work in the United States. Authored by: OpenStax CNX. Located athttps://cnx.org/contents/AgQDEnLI@10.1:cdCaIHP1@3/Work-in-the-United-StatesLicenseCC BY: AttributionLicense Terms: Download for free at http://cnx.org/contents/02040312-72c8-441e-a685-20e9333f3e1d@3.49

  • Patterns of Unemployment. Authored by: OpenStax College. Located athttps://cnx.org/contents/vEmOH-_p@4.44:82qMsJce/Patterns-of-UnemploymentProject: Economics. LicenseCC BY: Attribution

  • Patterns of Unemployment. Provided by: Lumen Learning. Located athttps://courses.lumenlearning.com/wm-macroeconomics/chapter/patterns-of-unemployment/Project: Macroeconomics. LicenseCC BY: Attribution


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