Labor

Labor

The body of persons, or the human physical and mental effort, engaged in the production of goods and services.

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Labor > Labor statistics

percentile wage estimate

Labor; Labor statistics

Shows what percentage of workers in an occupation earn less than a given wage and what percentage earn more. For example, a 25th percentile wage of $15. 00 indicates that 25% of ...

shortage

Labor; Labor statistics

Shortages occur in a market economy when the demand for workers for a particular occupation is greater than the supply of workers who are qualified, available, and willing to do ...

turnover

Labor; Labor statistics

Separation of an employee from an establishment (voluntary, involuntary, or other).

seasonally adjusted

Labor; Labor statistics

Seasonal adjustment removes the effects of events that follow a more or less regular pattern each year. These adjustments make it easier to observe the cyclical and other ...

employed persons

Labor; Labor statistics

Persons 16 years and over in the civilian noninstitutional population who, during the reference week, (a) did any work at all (at least 1 hour) as paid employees; worked in their ...

usual hours

Labor; Labor statistics

Respondents are asked the number of hours per week they usually work. This provides a measure of the usual full-time or part-time status of employed persons. All employed persons, ...

incidence rate

Labor; Labor statistics

Represents the number of injuries and/or illnesses per 100 full-time workers, calculated as follows: (N/EH) X 200,000, where: N = number of injuries and/or illnesses, EH = ...