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U.S. Department of Labor
Industri: Government; Labor
Number of terms: 77176
Number of blossaries: 0
Company Profile:
The term originated in 1880 when an Irish landowner, Captain Charles Boycott, was denied all services. Today the expression means collective pressure on employers by refusal to buy their goods or services.
Industry:Labor
The referral of collective bargaining or grievance disputes to an impartial third party. Usually the arbitrator's decision is final and binding, although there is "advisory arbitration" in which the decision of the arbitrator is taken under advisement by the parties.
Industry:Labor
A post World War I employer movement which stressed freedom of industry to manage its business without union interference.
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
Those persons who work for profit or fees in their own business, profession, trade, or farm. Only the unincorporated self-employed are included in the self-employed category.
Industry:Labor
This term refers to the average number of hours spent in a 24-hour day (between 4 a. M. On the diary day and 4 a. M. On the interview day) doing a specified activity.
Industry:Labor
The unemployment rate represents the number unemployed as a percent of the labor force.
Industry:Labor
This system is being adopted by Federal statistical agencies to classify workers into occupational categories for the purpose of collecting, calculating, or disseminating data. All workers are classified into 1 of more than 800 occupations according to their occupational definition. To facilitate classification, occupations are combined to form 23 major groups, 96 minor groups, and 449 broad occupations. Each broad occupation includes detailed occupations) requiring similar job duties, skills, education, or experience.
Industry:Labor
There are two different hours concepts measured in the CPS: usual hours and actual hours at work. Usual hours refer to a person’s normal work schedule versus their actual hours at work during the survey reference week. For example, a person who normally works 40 hours per week, but was off for a 1-day holiday during the reference week, would report his or her usual hours as 40 but actual hours at work for the reference week as 32.
Industry:Labor
The term refers to persons who are classified as unemployed as well as those classified as not in the labor force (using Current Population Survey definitions).
Industry:Labor
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