Home > Industry/Domain > Labor > Labor statistics

Labor statistics

Industry: Labor

Add a new term

Contributors in Labor statistics

Labor statistics

North American Industry Classification System (NAI

Labor; Labor statistics

The successor to the Standard Industrial Classification (SIC) system; this system of classifying business establishments is being adopted by the United States, Canada, and Mexico.

Standard Industrial Classification (SIC) system

Labor; Labor statistics

The SIC system has been used throughout the Federal Government to group establishments into industries. The SIC system is being gradually replaced by the North American Industry Classification System ...

absence rate

Labor; Labor statistics

The ratio of workers with absences to total full-time wage and salary employment. Absences are defined as instances when persons who usually work 35 or more hours per week worked less than 35 hours ...

source of injury or illness

Labor; Labor statistics

The object, substance, exposure, or bodily motion that directly produced or inflicted the disabling condition cited. Examples include lifting a heavy box; exposure to a toxic substance, fire or ...

employment-population ratio

Labor; Labor statistics

The proportion of the civilian noninstitutional population aged 16 years and over that is employed.

establishment

Labor; Labor statistics

The physical location of a certain economic activity—for example, a factory, mine, store, or office. A single establishment generally produces a single good or provides a single service. An ...

turnover rate

Labor; Labor statistics

The number of total separations during the month divided by the number of employees who worked during or received pay for the pay period that includes the 12th of the month (monthly turnover); the ...

Featured blossaries

World's Most Influential Women 2014

Category: Business   1 10 Terms

5 of the World’s Most Corrupt Politicians

Category: Politics   1 5 Terms