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U.S. Department of Labor
Industri: Government; Labor
Number of terms: 77176
Number of blossaries: 0
Company Profile:
Any abnormal condition or disorder, other than one resulting from an occupational injury, caused by exposure to factors associated with employment. It includes acute and chronic illnesses or diseases which may be caused by inhalation, absorption, ingestion, or direct contact.
Industry:Labor
An occupational median wage estimate is the boundary between the highest paid 50 percent and the lowest paid 50 percent of workers in that occupation. Half of the workers in a given occupation earn more than the median wage, and half the workers earn less than the median wage.
Industry:Labor
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. The categories are as follows: first professional degree; doctoral degree; master's degree; bachelor's or higher degree, plus work experience; bachelor's degree; associate degree; postsecondary vocational award; work experience in a related occupation; long-term on-the-job training; moderate-term on-the-job training; and short-term on-the-job training.
Industry:Labor
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 event or exposure results in fatal injury or illness to a person under the following conditions: (1) ON the employer’s premises and the person was there to work; or (2) OFF the employer’s premises and the person was there to work, or the event or exposure was related to the person’s work status as an employee. The employer’s premises include buildings, grounds, parking lots, and other facilities and property used in the conduct of business. Work is defined as legal duties, activities, or tasks that produce a product as a result and that are done in exchange for money, goods, services, profit, or benefit.
Industry:Labor
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 strike and is seen as less disruptive.
Industry:Labor
An automated method of collecting data in which respondents call a toll-free number and enter their data using a touchtone telephone.
Industry:Labor
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 of employees.
Industry:Labor
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. Note that a change in the terms of trade should cause all domestic production to change (that is, reallocates all inputs), rather than just imports.
Industry:Labor
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 an initial year (1987) to a subsequent year (1988). The index for the base year of 1987 in this example would be 100. 0, while the index for 1988 would be 110. 0. Conversely, if output had declined in 1988 by 10 percent, the 1988 index value would be 90. 0.
Industry:Labor
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 value of gross national product which result from a change in prices and those which result from a change in physical output. The import and export price indexes produced by the International Price Program are used as deflators in the U. S. National accounts. For example, the Gross Domestic Product (GDP) equals consumption expenditures plus net investment plus government expenditures plus exports minus imports. Various price indexes are used to "deflate" each component of the GDP in order to make the GDP figures comparable over time. Import price indexes are used to deflate the import component (i.e., import volume is divided by the Import Price index) and the export price indexes are used to deflate the export component (i.e., export volume is divided by the Export Price index).
Industry:Labor
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