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How Work Is Changing Vocabulary

AB
EconomyRefers to the ways people make, buy, and sell goods and services.
GoodsItems that people buy.
ServicesActivities people do for others for a fee.
Global economyAll the world’s economies and how they are linked.
Job MarketThe need for workers and kinds of work available to them.
Labor forceAll people over the age of 16 who work or are seeking work.
E-commerceThe buying and selling of goods and services via the Internet.
Gender equityEqual employment opportunity for all, regardless of gender.
TrendA change over a period of time.
Workforce diversityAchieved by employing workers with different backgrounds, experiences, ideas, and skills.
TeamA group of people who work together to set goals and make decisions to solve problems and put ideas into action.
Job sharingA flexible work arrangement that allows two part-time employees to divide one full-time job.
OutsourcingUsing outside resources to do tasks traditionally handled by internal staff.
TelecommuteWork at home for a company.
FlextimeA work schedule arrangement that allows workers to choose work hours that fit their particular needs.



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