List the four workplace trends discussed in the lecture.
The global economy, teamwork, technology, and diversity
Anita is interested in new technology that can make the processes at her business run more smoothly. What resources could she use to assist her in learning about new technologies?
What is one advantage and one disadvantage of the global economy for American workers?
Advantages: lower costs of labor and production for businesses, more variety of imported goods for consumers, possible job opportunities. Disadvantages: loss of jobs to foreign workers, increased competition for goods
Most new jobs in the United States will be in the _____.
A pair of shorts, a DVD, a car, and a necklace are all considered goods or items that people buy.
A _____ is an example of a service that can be purchased.
Discuss how the workplace is changing and why it is important to understand workplace trends.
The global economy impacts the job market or demand for certain jobs. Some of the jobs that used to be performed in the United States are now being shipped overseas. Other jobs are being created in the United States because of the increased demand for U.S. products overseas. Technology is changing the workplace. People use technology to work for effectively. Sometimes technology eliminates jobs while other times the use of technology helps create new jobs. Outsourcing and telecommuting are two trends that are affected by technology. Today’s workers need to be able to work in teams and with different types of people. Team members collaborate on projects, set goals, make decisions, and implement actions. People are expected to work together and with people from different countries, cultures, backgrounds, and generations. The workplace is also becoming increasingly diverse. It is important to respect other cultures and ideas. Being able to work with a diverse workforce is an important work skill to possess.
List the five factors that affect the labor market.
The five factors that affect the labor market are: social change, population shifts, world events, government actions, and the economy.
Most new jobs in the United States will be in the _____.
A pair of shorts, a DVD, a car, and a necklace are all considered goods or items that people buy.
List the five factors that affect the labor market.
Population, the economy, technology, government policies, and the global economy.
Discuss how the workplace is changing and why it is important to understand workplace trends.
The workplace is changing because technology is advancing, the economy is becoming more global, the workforce is becoming more diverse and older, and service industries are growing. Understanding workplace trends is important because it helps people choose appropriate education and training, build in-demand skills, and prepare for future career opportunities.
Anita is interested in new technology that can make the processes at her business run more smoothly. What resources could she use to assist her in learning about new technologies?
List the four workplace trends discussed in the lecture.
Growth of service-producing industries, increasing participation of women in the workforce, an aging workforce, and globalization of the economy.
A _____ is an example of a service that can be purchased.
What is one advantage and one disadvantage of the global economy for American workers?
One advantage is that American workers may gain access to more international markets and job opportunities. One disadvantage is increased competition from workers in other countries, including the possibility of outsourcing or losing jobs overseas.
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