What are the current challenges and opportunities facing today's workforce? Professor Kochan examines these questions in the following video. After you finish watching, there are attentiveness questions directly below. These questions will assess the extent to which you have mastered the content covered in the video.
Video: Current Challenges and Opportunities: Today's Labor Market in Perspective
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Attentiveness Question 1
Which of the following is true about the rates of growth in labor productivity and wages in the US since the 1980s?
Explanation
Productivity grew more than wages
Attentiveness Question 2
Explanation
According to the line graph shown in the video, hourly work compensation started to deviate from productivity in 1980.