Top: Business: Employment: Terminology: I


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Incidence rates

Represent the number of injuries and/or illnesses per 100 full-time workers and were calculated as: (N/EH) X 200,000 where: N = number of injuries and/or illnesses; EH = total hours worked by all employees during the calendar year; 200,000 = base for 100 full-time equivalent workers (working 40 hours per week, 50 weeks per year).


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Industry

A group of establishments that produce similar products or provide similar services. For example, all establishments that manufacture automobiles are in the same industry. A given industry, or even a particular establishment in that industry, might have employees in dozens of occupations. The Standard Industrial Classification (SIC) system groups similar establishments into industries.


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Inflation

Inflation has been defined as a process of continuously rising prices, or equivalently, of a continuously falling value of money.


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Initial claimant

A person who files any notice of unemployment to initiate a request either for a determination of entitlement to and eligibility for compensation, or for a subsequent period of unemployment within a benefit year or period of eligibility.



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