Labor statistics

Labor statistics

Industry: Labor

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Labor statistics

laspeyres index

Labor; Labor statistics

Sum(p2q1)/Sum(p1q1): A weighted aggregative index showing the ratio of expenditures in the current period (p2q1, where p2 is the current period price and q1 is the base period quantity) to the ...

Cohort

Labor; Labor statistics

A cohort in the BLS National Longitudinal Surveys (NLS) programme is a group of people, defined by year of birth, that make up a particular study. For example, the National Longitudinal Survey of ...

A chain-type index of service flows derived from the stock of physical assets and software. Assets include equipment and software, structures, land, and inventories. Capital services are estimated as ...

Professional employer organisation (PEO)

Labor; Labor statistics

A business that supplies management and administrative services with regard to human resource responsibilities for employers; it serves as the co-employer of the client's employees for payroll, ...

Flexible benefits

Labor; Labor statistics

A type of plan under Section 125 of the Internal Revenue Code that provides employees a choice between permissible taxable benefits, including cash, and nontaxable benefits such as life and health ...

Medical care coverage

Labor; Labor statistics

A type of insurance coverage that provides for the payment of benefits as a result of sickness or injury. Medical care coverage can be provided in a hospital or a doctor's office. There are two main ...

Strike

Labor; Labor statistics

A temporary stoppage of work by a group of workers (not necessarily union members) to express a grievance or enforce a demand. A strike is initiated by the workers of an establishment.