Work involved performing all of the tasks necessary to produce goods and provide services that meet human needs.

Many people begin work at 18 and retire at 65, spending 47 years in the labor force

Labor force consists of individuals 16 and older who are employed in paid positions or are seeking paid employment› In 2007, approx. 66 % of the population was

part of the labor force

Profession is a high-status occupation that requires specialized skills and knowledge › (ex. Doctor, lawyer, engineer, teacher, dentist, etc.)

Occupations can be in many fields› Managerial, executive, administrative› Professional specialty› Service occupations› Technical occupations› Sales workers› Administrative support occupations› Precision production, craft, and repair workers› Operators, fabricators, and laborers› Farming, forestry, and fishing› Transportation and material moving

Unemployment is the situation when a person does not have a job but is actively seeking employment

Unemployment Rate is the % of the labor force that is unemployed but seeking employment

Studies show that the vast numbers of workers are satisfied with their jobs.

42% said they are very satisfied 38% said somewhat satisfied People with a higher income were

generally more satisfied than those with a lower income

Satisfaction can lead to career change, which is becoming more prominent in Americas work force

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