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

relative importance

Labor; Labor statistics

BLS publishes what is called a "relative importance" for each commodity and commodity grouping. The relative importance of an item represents its basic value weight, including any ...

alternative employment arrangements

Labor; Labor statistics

BLS has collected data for workers in four types of alternative employment arrangements: 1) independent contractors, 2) on-call workers, 3) temporary help agency workers, and 4) ...

occupational injury

Labor; Labor statistics

Any injury such as a cut, fracture, sprain, amputation, etc. , which results from a work-related event or from a single instantaneous exposure in the work environment.

transaction price

Labor; Labor statistics

The market sale price of a good or input shows what has to be given in exchange to obtain a good or service. It is usually denoted in money terms, although payment need not be in ...

duration of unemployment

Labor; Labor statistics

The length of time in weeks (through the current reference week) that persons classified as unemployed had been looking for work. For persons on layoff who are counted as ...