A person's earnings depend a great deal on where the person is located in the occupational structure of the labor market.

Question

Quizplus · Accepted Answer

The location of a person in the occupational structure of the labor market is one of the main factors that determine their earnings. Other factors include education, experience, and skills, but the occupational structure of the labor market is a significant contributor to earning potential.

A Person's Earnings Depend a Great Deal on Where the Person