Tag: employment
National Average Wage Index (NAWI)
What is 'National Average Wage Index - NAWI' An index calculated annually by the Social Security Administration (SSA) based on wages subject...
Above Full-Employment Equilibrium
What is 'Above Full-Employment Equilibrium' A macroeconomic term used to describe the real gross domestic product (GDP) is currently in excess of...
Jobless Recovery
DefinitionA jobless recovery or jobless growth is an economic phenomenon in which a macroeconomy experiences growth while maintaining or decreasing its level of employment....
Jobs Growth
What is 'Jobs Growth' A component of the Employment Situation Summary, reported monthly by the Bureau of Labor Statistics. The job growth...
James Tobin
What is 'James Tobin' An American economist who won the Nobel Memorial Prize in Economics in 1981 for his analysis of financial...
Job Footprint
What is 'Job Footprint' The scope and range of an employee's duties while under a company's employ. A secretary's job footprint might...
Job Openings and Labor Turnover Survey (JOLTS)
What is 'Job Openings and Labor Turnover Survey - JOLTS' A survey done by the United States Bureau of Labor Statistics to...
Job Market
What is the 'Job Market' The job market is the market in which employers search for employees and employees search for jobs....
Japan Inc.
What is 'Japan Inc.' A nickname for the corporate world of Japan that came about during the 1980s boom, when Western business...
John Maynard Keynes
DefinitionJohn Maynard Keynes, 1st Baron Keynes, was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies...