Chapter 2 Vocab

The qualities and skills necessary to accomplish something

• Globalization

• Ability

• Labor costs

• Weakness

A questionnaire used to determine various traits and aspects of an individual's characteristics as they relate to a personality

• Personality Test

• Unemployment rate

• Geographic factor

• Self-assessment

The percentage of the total labor force that is not employed, but wants to be and is actively seeking employment

• Interest inventory

• Demand

• Multiplier effect

• Unemployment rate

A person's natural abilities to do something

• Multiplier effect

• Ability

• Geographic factor

• Aptitude

Statistical data about the population, such as gender, age, education level, the availability of a particular skilled labor, salary levels, and marital and family status

• Strength

• Demographics

• Labor costs

• Self-assessment

A concept in economics where putting resources into an economy creates a ripple effect, which increases the output of goods and services as well as employment

• Personality test

• Weakness

• Multiplier effect

• Demand

A forecast of what employment opportunities for a particular occupation will be in the future

• Job outlook

• Strength

• Personality test

• Aptitude

Area in need of improvement, which provide direction for self-development

• Weakness

• Multiplier effect

• Globalization

• Strength

A test or research activity designed to help an individual find a suitable career path, sometimes referred to as an interest profiler

• Aptitude

• Demand

• Interest inventory

• Job outlook

A circumstance associated with physical location that affects individuals and jobs

• Ability

• Geographic factor

• Interest inventory

• Personality test