In this context, “unskilled” is a misnomer, as what the term’s definition actually conveys is “unspecialized.” Skilled labor jobs, on the other hand, are specialized in that they require ...

Unskilled labor is an outdated but still commonly used misnomer — it doesn't refer to occupations that don't require skill, but rather to those that don't require candidates to hold a ...

Definition of labor market indicators: Labor force participation: Share of the adult (between 15 and 64 years old) population that is in the labor force. The labor force includes employed workers and ...