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Establishment primarily engaged in supplying workers to clients' businesses for limited periods of time to supplement the work force of the client; the individuals provided are employees of the temporary help service establishment, but these establishments do not provide direct supervision of their employees.
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Allocation of inputs into two or more economies that take advantage of differences in comparative advantages and, through specialization, improve the production of the economies. Note that a change in the terms of trade should cause all domestic production to change (i.e. re-allocates all inputs), rather than just imports.
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Provides paid or unpaid leave for specific uses, such as lunch periods, holidays and vacations, and maternity and paternity leave.
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An index series is simply a way of expressing, in percentage terms, the change in some variable from a given point in time to another point in time. For example, let's say that output increased by 10 percent from an initial year (1987) to a subsequent year (1988). The index for our arbitrarily chosen base year of 1987 would be 100.0 while the index for 1988 would be 110.0. Conversely, if output had declined in 1988 by 10 percent, the 1988 index value would be 90.0
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All types of employee compensation: wages and salaries, non-wage cash payments and fringe benefits. Total compensation in the Employment Cost Index is defined as the employer's cost of wages and salaries and employee benefits. (Also see Compensation)
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An automated method of collecting data in which respondents call a toll-free number and enter their data using a touchtone telephone.
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The market sale price of a good or input shows what has to be given in exchange in order to obtain a good or service. It is usually denoted in money terms although payment need not be in a monetary form. The relative price is expressed in terms of the quantity of some other good which has to be given in exchange for the original good. Thus, if all prices increase at the same rate, absolute prices will rise but relative prices will remain unchanged.
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Separation of an employee from an establishment (voluntary, involuntary, or other).
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The number of total separations during the month divided by the number of employees who worked during or received pay for the pay period that includes the 12th of the month (monthly turnover); the number of total separations for the year divided by average monthly employment for the year (annual turnover).
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