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

export

Labor; Labor statistics

A domestic good or service that is sold to a foreign resident from a U. S. Resident. Exports include government and nongovernment goods and services; however they exclude goods ...

cost-of-living index

Labor; Labor statistics

A cost-of-living index measures differences in the price of goods and services, and allows for substitutions to other items as prices change. A consumer price index measures a ...

consumer unit

Labor; Labor statistics

A consumer unit is defined as either (1) all members of a particular household who are related by blood, marriage, adoption, or other legal arrangements; (2) a person living alone ...

labor management dispute

Labor; Labor statistics

A conflict between employees, typically represented by a union, and management or the employer. This general term covers all types of conflicts from a grievance to a strike or a ...

Cohort

Labor; Labor statistics

A cohort in the BLS National Longitudinal Surveys (NLS) program is a group of people, defined by year of birth, that make up a particular study. For example, the National ...

contingent workers

Labor; Labor statistics

Workers who do not have an implicit or explicit contract for long-term employment. BLS uses three alternative measures of contingent workers that vary in scope.

most significant source of postsecondary training

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. ...