State Standards: 12.4 Students analyze the elements of the U.S. labor market in a global setting.
1. Understand the operations of the labor market, including the circumstances surrounding the establishment of principal American labor unions, procedures that unions use to gain benefits for their members, the effects of unionization, the mini-mum wage
2. Describe the current economy and labor market, including the types of goods and services produced, the types of skills workers need, the effects of rapid technological change, and the impact of international competition.
3. Discuss wage differences among jobs and professions, using the laws of demand and supply and the concept of productivity.

DUE DATE: ON THE DAY OF THE TEST (AS ALWAYS)

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Section 1: The Labor Movement

Terms, People, and Events (8 of them, 1 point each)

Define each of these terms in your own words

• Macroeconomics
• Craft/ trade union
• Industrial union
• Lockout
• Company union
• Right-to-work law
• Jurisdictional dispute
• Independent union

Section Summary (3 points per section)

List each heading or subheading on your paper and write at least two sentences summarizing each one of them.

• Unions and the Labor Force
• Early Union Development
• Civil War to the 1930s (I know, this is Econ, not History)

• Types of Union (important)
• Union Activities (important)
• Employer Resistance
• SKIP Attitudes of the Courts

• Labor During the Great Depression

• Unemployment and Wages
• Pro-union Legislation

• Labor since World War II

• Anti-union legislation
• AFL-CIO
• Independent Unions

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Section 2 Resolving Union and Management Differences

Terms, People, and Events (3 of them, 1 point each)

Define each of these terms in your own words

• Grievance procedure
• Voluntary arbitration
• Compulsory arbitration

Section Summary (3 points per section)

List each heading or subheading on your paper and write at least two sentences summarizing each one of them.

• Kind of Union Arrangement

• Closed Shops (define the term)
• Union Shops (define the term)
• Modified Union Shop (define the term)
• Agency Shops

• Collective Bargaining

• Mediation
• Arbitration
• Fact-Finding
• Injunction and Seizure

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Section 3 Labor & Wages

Terms, People, and Events (7 of them, 1 point each)

Define each of these terms in your own words

• Unskilled Labor
• Semiskilled labor
• Skilled labor
• Professional labor
• Wage rate
• Theory of negotiated wages
• Labor Mobility

Section Summary (3 points per section)

List each heading or subheading on your paper and write at least two sentences summarizing each one of them.

• SKIP Categories of Labor
• Noncompeting Labor Grades

• Cost of Education and Training
• Lack of Opportunity
• Lack of Initiative

• Wage Determination (don't need to summary the paragraph under the main heading)

• Traditional Theory of Wages
• Theory of Negotiated Wages

• Regional Wage Differences

• Labor Mobility
• Cost of Living
• Location

Section 4 Employment Trends and Issues

Terms, People, and Events (7 of them, 1 point each)

Define each of these terms in your own words

• Giveback
• Two-tier wage system
• Glass ceiling
• Comparative worth
• Set-aside contracts
• Current dollars
• Real or constant dollars
• Base year

Section Summary (3 points per section)

List each heading or subheading on your paper and write at least two sentences summarizing each one of them.

·        Decline of Union Influence

o       Reason for Decline

o       Renegotiating Union Wages

·        Lower Pay for Women (no need to summary the paragraph under the main heading)

o       Gender and Occupation

o       Discrimination

o       Set-aside contracts

·        Minimum Wage

o       Debate over the minimum wage

o       Measured in current dollars

o       Adjusted for inflation

o       Compared to Manufacturing Wage