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Job Market
Definition
The job openings that are
available when you are
ready to go to work
Skill set
The unique skills and
abilities that you bring to
the job market
Hard skills
Measurable physical and
mental abilities that allow
you to complete a job,
something you learn to
do/know how to do
Nontechnical skills
needed by most workers
for success on the job ,
communication , listening
s2
Describes what a job
would be like including
the tasks performed and
skills needed
Soft skills
Job description
On – the – job training
Learning as you do the
work
Self training
Learning new skills from
reading and practicing on
your own
Value
A principle that reflects
the worth you place on
an idea or action
goal
A desired outcome based
on one’s value , for which
a plan of action is
developed carried out
economy
All of the activities
related to making and
distributing goods and
Graphic
Market economy
supply
Demand
services in a geographic
area country
An economy based on the
laws of supply and
demand
The quantity of goods
and services that
producers are willing and
able to provide.
The willingness and
ability of consumers to
buy goods and services
Business cycle
The alternating periods of
growth and decline in the
economy
tuition
The expense paid by
students for the
instruction at a school
Financial aid
Money received from an
outside source to help
pay for education.
Subsidized student loan
A loan on which the
student pays no interest
until he or she has
graduated or is no longer
in school
A loan that starts
charging interest from
the time the loan is made
Unsubsidized student
loan
grant
scholarship
Money given to pay for
educational expenses
that does not have to be
repaid
A cash allowance
awarded to a student to
help pay for education
ethics
contact
A set of moral values that
people consider
acceptable;the study of
what is right vs wrong
A person you know
Social network
A group of friends and
acquaintances who keep
in contact and share
information
Temp agency
An employment agency
that provides part time
and full time jobs on a
temporary basis
Job shadowing
Spending time observing
a worker in a type of job
that interests you.
Job application
A form that asks basic
questions about the
applicant’s background ,
such as work history ,
education , skills and
references
A summary of your work
experience , education
,skills , interest , and
other qualifications that
qualify you for a job
opening
A letter that accompanies
a resume , introducing
the applicant to a
prospective employer
resume
Cover letter
Job interview
A face to face meeting
with a potential employer
to discuss a job opening
Follow - up
Contact with a
prospective employer
after the interview but
before hiring
entrepreneur
A person who tasks the
risks of being self
employed and owning a
business