- Industri: Government; Labor
- Number of terms: 77176
- Number of blossaries: 0
- Company Profile:
Workers who receive wages, salaries, commissions, tips, payment in kind, or piece rates. The group includes employees in both the private and public sectors.
Industry:Labor
When one nation's opportunity cost of producing an item is less than another nation's opportunity cost of producing that item. A good or service with which a nation has the largest absolute advantage (or smallest absolute disadvantage) is the item for which they have a comparative advantage.
Industry:Labor
Wage and salary earnings before taxes and other deductions; includes any overtime pay, commissions, or tips usually received (at the main job, in the case of multiple jobholders). Earnings reported on a basis other than weekly (for example, annual, monthly, hourly) are converted to weekly. The term "usual" is as perceived by the respondent. If the respondent asks for a definition of usual, interviewers are instructed to define the term as more than half the weeks worked during the past 4 or 5 months. Data refer to wage and salary workers only, excluding all self-employed persons (regardless of whether their businesses were incorporated) and all unpaid family workers.
Industry:Labor
Unemployed persons whose employment ended involuntarily and who began looking for work.
Industry:Labor
Unit value indexes are calculated by dividing the total value of goods in a commodity area by the total quantity of goods in that commodity area.
Industry:Labor
Unit labor costs show the growth in compensation relative to that of real output. These costs are calculated by dividing total labor compensation by real output. Changes in unit labor costs can be approximated by subtracting the change in productivity from the change in hourly compensation.
Industry:Labor
Unemployed persons who quit or otherwise terminated their employment voluntarily and immediately began looking for work.
Industry:Labor
Unemployed persons who previously worked but were out of the labor force prior to beginning their job search.
Industry:Labor
Unemployed persons who never worked before and who are entering the labor force for the first time.
Industry:Labor
Unemployed persons who involuntarily lost their last job or who had completed a temporary job. This includes persons who were on temporary layoff expecting to return to work, as well as persons not on temporary layoff. (See Unemployed persons. ) Those not on temporary layoff include permanent job losers and persons whose temporary jobs had ended. (See Permanent job losers. )
Industry:Labor
