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WHAT DOES THAT MEAN?
TERM
DEFINITION
cover letter
a formal letter accompanying a resume which describes the reason for sending the resume. an occupation or profession someone does for a long time, often requiring special skills or training, with opportunity for advancement. “CTE”; “career tech ed”; a postsecondary (after high school) program of study involving multiyear courses combining academic knowledge with technical and occupational knowledge. “CV”; similar to a resume, but more frequently used by job seekers in the science and academia fields who have published works in journals, and by overseas job seekers. a division of a university offering advanced degrees beyond the bachelor’s degree; grad school. “Gen Z”; Generation following the millennial generation; born approximately between 1995-2012. “HR”; the people who make up the workforce of an organization; also refers to the division of a company that manages employees. the collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for them or their employers. federal law that sets minimum wage, overtime pay, child labor laws. work done regularly to earn a paycheck. PRODUCT PREVIEW a permit from an authority to do a particular thing or carry on a trade. the lowest hourly wage an employer can pay an employee for work as set by federal law under the Fair Labor Standards Act. a significant decline in economic activity across all areas of the economy or within a specific industry, which lasts longer than a few months. a document presenting a job seeker’s education, skills, and work experience. a general written statement about a specific job including duties, purpose, responsibilities, scope, working conditions, and job title.
career
career technical education
curriculum vitae
Fair Labor Standards Act
graduate school
Generation Z
human resources
human capital
job
job description
license
minimum wage
recession
resume wages
monetary compensation.
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Chapter 3 | A Job That Pays
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