Labor Market Concepts

2 words in this vocabulary list

noun a person's income that is guaranteed to be provided at regular intervals, typically on an annual basis

  • The concept of guaranteed annual income is being discussed as a potential solution to poverty.
  • Some people think that guaranteed annual income could help solve financial struggles.
  • Guaranteed annual income is like a safety net for those in need.
  • Think of guaranteed annual income as a financial cushion that everyone deserves.

noun a person who holds a job or position, especially one that involves responsibility or authority

  • The jobholder was required to attend a training session every month.
  • The jobholder had to go to training every month.
  • The jobholder had to sit through boring training sessions every month.
  • The jobholder was the glue that held the team together.