labor


Definition 1
Work of any type.

Definition 2
Employees represented by a union. also called organized labor.


Related Terms

division of labor -  More

blue-collar -

civilian unemployment rate -  More

Related Terms on BusinessDictionary

wages
direct labor efficiency variance
direct labor rate variance
fixed production overhead volume capacity variance
variable production overhead efficiency variance
marginal productivity theory of wages
distributed labor cost
Rucker plan
labor market
job costing
equivalent labor
Taylorism
equivalent labor factor (ELF)
overhead rate
partnering
man-hour
physical standard
diminishing marginal product
maquiladora
communism
Eurosclerosis
secondary picketing
marginal pricing
comparative advantage
factor income
activity based costing (ABC)
price breakdown
direct labor standard
marginal product
constructed value
work to rule
featherbedding
dislocated worker
marginal productivity
construction cost
cost equation
felony
actual cost of work performed (ACWP)
distributable labor cost
regressive supply curve
construction in progress
adjustments
marginal rate of technical substitution
contract bond
arbitration clause
distribution resource planning (DRP-II)
resource dependence
labor hour contract
artisan's lien
direct labor total variance
downtime
time and materials (T&M) contract
fixed production overhead variance
frictional unemployment
duty of fair representation
scanlon plan
Benelux
gains sharing
labor standards
secondary strike
factory cost
fixed production overhead volume efficiency variance
general overhead account
labor supply
economic rent
self-help project
national rate of unemployment
lump sum bid
Human Resource Information Systems (HRIS)
general strike
labor yield rate
knowledge economy
slowdown strike
bill of quantities (BOQ)
labor idle time variance
law of markets
effective labor
stockout costs
notice of lockout
blue collar
law of proportions
substitution effect
strike, riots, and civil commotions
Occupational Safety and Health Administration (OSHA)

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