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Data in which many units are observed over multiple time periods. The US Federal Bureau of Labor Statistics' National Longitudinal Surveys (NLS) program collects data from a particular age group of people over many years on an annual or biennial basis. The panel data track the same sample of individuals over many time periods.
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Employees who usually work between 1 and 34 hours per week (at all jobs within an establishment) regardless of the number of hours worked in the reference week.
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Standard measurement period for all US Federal agencies collecting employment data from business establishments; time unit that employers use to pay employees that overlaps the 12th of the month; length of the pay period does not matter, as long as the 12th of the month is included in the pay period; for establishments with a Monday through Friday pay period, if the 12th of the month falls on a Saturday, it should be taken as the last day of the requested pay period, and if the 12th of the month falls on a Sunday, it should be taken as the first day of the requested pay period.
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Shows what percentage of workers in an occupation earn less than a given wage and what percentage earn more. For example, a 25th percentile wage of $15.00 indicates that 25% of workers (in a given occupation in a given area) earn less than $15.00; therefore 75% of workers earn more than $15.00.
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Unemployed persons whose employment ended involuntarily and who began looking for work.
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A price index is a tool that simplifies the measurement of movements in a numerical series. Movements are measured with respect to the base period, when the index is set to 100.
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The Producer Price Index (PPI) is a family of indexes that measures the average change over time in selling prices received by domestic producers of goods and services. PPIs measure price change from the perspective of the seller. This contrasts with other measures, such as the Consumer Price Index (CPI), that measure price change from the purchaser's perspective. Sellers' and purchasers' prices may differ due to government subsidies, sales and excise taxes, and distribution costs.
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Productivity is a measure of economic efficiency which shows how effectively economic inputs are converted into output. Productivity is measured by comparing the amount of goods and services produced with the inputs which were used in production.
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A business that supplies management and administrative services with regard to human resource responsibilities for employers; serves as the co-employer of the client’s employees for payroll, benefits, and related purposes; referred to as employee leasing companies in the SIC manual.
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Difference between the projected number and the actual number.
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