Labor

Labor

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

2Categories 6503Terms

Add a new term

Contributors in Labor

Become a Contributors

Labor > Labor statistics

most significant source of postsecondary education

Labor; Labor statistics

An occupation is classified into 1 of 11 categories that best describes the postsecondary education or training needed by most workers to become fully qualified in the occupation. ...

work relationship

Labor; Labor statistics

An employee must have had a verifiable work relationship with his or her employer to be included in the Census of Fatal Occupational Injuries. A work relationship exists if an ...

slowdown

Labor; Labor statistics

An effort, typically organized by a union, in which employees decrease productivity in order to bring pressure upon management. Generally a slowdown is used as an alternative to a ...

touchtone data entry (TDE)

Labor; Labor statistics

An automated method of collecting data in which respondents call a toll-free number and enter their data using a touchtone telephone.

mean wage

Labor; Labor statistics

An average wage; an occupational mean wage estimate is calculated by summing the wages of all the employees in a given occupation and then dividing the total wages by the number ...

terms of trade

Labor; Labor statistics

Allocation of inputs into two or more economies that take advantage of differences in comparative advantages and, through specialization, improve the production of the economies. ...

time/index series

Labor; Labor statistics

A way of expressing, in percentage terms, the change in some variable from a given point in time to another point in time. For example, suppose output increased by 10 percent from ...