- <Video: The Millennial Generation’s Views on their World of Work
- 1.2.1Video: A Message from U.S. Secretary of Labor Thomas Perez to the Next Generation Workforce
- 1.2.2Video: Animated Version of the Evolution History of Work
- 1.2.3Video: A Message from AFL-CIO Secretary Treasurer Liz Shuler
- 1.2.4Video: A Message to HR Professionals from Professor Lee Dyer
- 1.2.5Video: A Message from Guy Ryder, ILO Director-General
- 1.2.6Video: The Millennial Generation’s Views on their World of Work
- 1.2.7Video: Current Challenges and Opportunities
- 1.2.8Video: All Innovations Are Local
- 1.2.9Video: Managing Societal and Workplace Conflicts: Interview with Mary Rowe
- \>Video: All Innovations Are Local
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
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?
Exercise 1
Productivity grew more than wages
Productivity and wages grew at about the same rates
Productivity grew less than wages
Explanation
Productivity grew more than wages
CheckShow Answer
Attentiveness Question 2
At about what year did hourly work compensation stop directly correlating with work productivity?
Explanation
According to the line graph shown in the video, hourly work compensation started to deviate from productivity in 1980.
Exercise 2
1930
1960
1980
2008
CheckShow Answer