Asked by Stacie Batchelor on Jun 10, 2024
Verified
The demand for carpenters far outstrips the supply in British Columbia.In fact,many of the construction companies are relying on the international market to fill vacancies.Which term best describes the labour market for carpenters in British Columbia?
A) tight
B) loose
C) contingent
D) contractual
Labour Market
The labour market refers to the supply of labor available to meet the demand for workers by employers.
International Market
The vast expanse of global trade and commerce, where businesses from different countries buy, sell, and exchange goods and services.
Carpenters
Skilled craftspeople who cut, shape, and install building materials during the construction of buildings, ships, timber bridges, concrete formwork, etc.
- Recognize the characteristics of labor markets and how they affect hiring practices, including the implications of tight and loose markets.
Verified Answer
Learning Objectives
- Recognize the characteristics of labor markets and how they affect hiring practices, including the implications of tight and loose markets.
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