Which of the following statements about the composition of the U.S.labor force during the next decade is true?
A) The labor force is expected to grow at a greater rate than at any other time in U.S. history.
B) The largest proportion of the labor force is expected to be in the 16- to 25-year age group.
C) For the first time ever, the number of workers under 40 years of age will exceed the number of workers 40 years of age or older.
D) Despite a small increase in the number of young workers, the overall workforce will be aging.
E) The total cost of labor in the United States would considerably decrease.

Question

Quizplus · Accepted Answer

Knowledge workers are in a position of power, because they own the knowledge that the company needs in order to produce its products and services, and they must share their knowledge and collaborate with others in order for their employer to succeed. Replacing these employees is difficult and time consuming. They have many job opportunities, even in a slow economy.

Which of the Following Statements About the Composition of the U.S.labor