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U.S. Department of Labor
Industri: Government; Labor
Number of terms: 77176
Number of blossaries: 0
Company Profile:
The number of other separation rates 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.
Industry:Labor
The number of job openings on the last business day of the month divided by the sum of the number of employees who worked during or received pay for the pay period that includes the 12th of the month and the number of job openings on the last business day of the month.
Industry:Labor
The nonfinancial corporate business sector is a subset of the domestic economy and excludes the economic activities of the following: general government, private households, nonprofit organizations serving individuals, and those corporations classified as offices of bank holding companies, offices of other holding companies, or offices in the finance and insurance sector. Nonfinancial corporations accounted for about 54 percent of the value of gross domestic product (GDP) in 2000.
Industry:Labor
The number of hires 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.
Industry:Labor
The nonfarm business sector is a subset of the domestic economy and excludes the economic activities of the following: general government, private households, nonprofit organizations serving individuals, and farms. The nonfarm business sector accounted for about 77 percent of the value of gross domestic product (GDP) in 2000.
Industry:Labor
The National Compensation Survey produces earnings data by levels of work within an occupation. The duties and responsibilities of a job are evaluated using four factors (such as knowledge, and complexity of the work) to determine a work level. Levels vary by occupation, ranging from 1 to 15. For example, level 1 may represent an entry level, while level 15 may represent master-level skills.
Industry:Labor
The National Compensation Survey defines Civilian Workers as the sum of all private industry and State and local government workers. Federal Government, military and agricultural workers are excluded.
Industry:Labor
The measure used to summarize the varying lengths of absences from work among the cases with days away from work. The median is the point at which half of the cases involved more days away from work and half involved less days away from work.
Industry:Labor
The market basket is a package of goods and services that consumers purchase for day-to-day living. The weight of each item is based on the amount of expenditure reported by a sample of households.
Industry:Labor
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 a monetary form. The relative price is expressed in terms of the quantity of some other good which has to be given in exchange for the original good. Thus, if all prices increase at the same rate, absolute prices will rise but relative prices will remain unchanged.
Industry:Labor
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