Tim,a human resource manager,has studied a transitional matrix to identify how his company has been filling its demand for lab technicians.Where else should Tim get information related to the labor supply?
A) the Bureau of Labor Statistics
B) the Equal Employment Opportunity Commission
C) the Occupational Safety and Health Administration
D) his company's marketing plan
E) statistical models that capture "once-in-a-lifetime" changes

Question

Quizplus · Accepted Answer

The Bureau of Labor Statistics is a reliable source of data related to labor supply. This government agency collects and reports data on employment, unemployment, wages, and other labor market indicators. By accessing this information, Tim can obtain a better understanding of the supply and demand for lab technicians in the larger labor market, which can inform his company's human resource planning.

Tim,a Human Resource Manager,has Studied a Transitional Matrix to Identify