Labor statistics

Labor statistics

Industry: Labor

Contributors in Labor statistics

Labor statistics

A value that allows data to be measured over time in terms of some base period; or, in more obscure terms, an implicit or explicit price index used to distinguish between those changes in the money ...

flexible benefits

Labor; Labor statistics

A type of plan under Section 125 of the Internal Revenue Code that provides employees a choice between permissible taxable benefits, including cash, and nontaxable benefits such as life and health ...

medical care coverage

Labor; Labor statistics

A type of insurance coverage that provides for the payment of benefits as a result of sickness or injury. Medical care coverage can be provided in a hospital or a doctor's office. There are two main ...

strike

Labor; Labor statistics

A temporary stoppage of work by a group of workers (not necessarily union members) to express a grievance or enforce a demand. A strike is initiated by the workers of an establishment.

lockout

Labor; Labor statistics

A temporary withholding or denial of employment during a labor dispute in order to enforce terms of employment upon a group of employees. A lockout is initiated by the management of an establishment.

accidental death and dismemberment

Labor; Labor statistics

A term used to describe a policy that pays additional benefits to the beneficiary if the cause of death is due to a non-work-related accident. Fractional amounts of the policy will be paid out if the ...

compensation

Labor; Labor statistics

A term used to encompass the entire range of wages and benefits, both current and deferred, that employees receive in return for their work. In the Employment Cost Index (ECI), compensation includes ...