First Monday in September; an observed US Federal holiday. Authorized in 1882, it gives a guaranteed day off to working individuals. Parades, cookouts, and shopping are a typical event on […]

A specific job market like construction or manufacturing needing employees and workers.

Gap regarding the terms and conditions of employment , fringe benefits , hours or work, tenure, wages being negotiated during collective bargaining between an employer and its employees

As prices, profits, wages, and working conditions change economic behavior of employers and employees is studied as this subject.

1. Company count of workers. 2. Economic count of people employed or job hunting.

Count of employed or is seeking employment over total population, shown as a percentage.

Productive effort of one person in one hour as a work unit. Also known as man hour.

Time-and-material contract. Contractor accountable for doing the job, not supplying any materials. The contract owner / principal supplies necessary materials and pays a fixed rate compensation covering overhead , profit, […]

The difference between the budgeted work hours and the actual idle paid hours. For example, if employees have an 8,000-hours budget making products, but only work 7,800 hours, then 200 […]

High amount of Physical effort. labor, required to accomplish a specific action. Examples of labor intensive industries are agriculture , construction , and coal-mining industries. Larger portion of total costs […]

Labor laws first arrived as standards in the Industrial Revolution. Labor laws have two categories: collective and individual . Collective labor law covers union, employer and employee relationships. Individual labor […]

A US law passed in 1959, also known as the Landrum-Griffin Act . Regulates labor union interactions with members and businesses. The law mandated regulatory and transparency provisions, certain standards […]

Workers find paying work, employers find willing workers, and both agree to wage rates in this nominal market.

Stealing an employee from a company by offering greater incentives. Intent is to gain intellectual capital and deprive the competitor of a potentially key employee .

Worker output rate. Typically compared against an established standard or expected rate of output. Calculated for one worker or a worker group per unit of time.

The difference at a point in time between the expected paid work and the actual amount paid. Calculate actual labor rate per hour and standard labor rate per hour and […]

the name that is given to state or federal laws that govern the relationships between employees and employers.

Forecasting or analyzing labor performance as computed, estimated, or measured values. Examples of these are assembly time, operations per hour, output per unit of time.

A specific labor market ‘s suitable human resources availability .

the name of an organisation of working people that is formed to protect their rights and working conditions .

Time-bound, direct on-the-job labor hours count estimated excluding that period’s paid and unpaid absentees count.

Industries requiring a large amount of labor to produce its goods and services. Traditionally, the amount of capital needed to produce the goods and services determined labor intensive industries. Agriculture […]

Employers, workers, and often union representatives as a joint-committee. Proposed changes as mandatory subjects of collective bargaining must be formally negotiated. Intent is to recommend efficiency and working condition improvements […]

An ancient writ against persons who refused to serve and do labor, and who had no means of living; or against such as, having served in the winter, refus- ed […]

One who, as a means of livelihood, performs work and labor for those who employ him. Oliver v. Macon Hardware Co., OS Ga. 2-10. 25 S. E. 403, 5S Am. […]