Tag: labour

What is 'Wage Expense' In financial accounting, wage expense represents payments made to non-manufacturing employees, regardless of whether they are hourly or salaried. Depending on...

What is 'Geographical Labor Mobility' Geographical labor mobility refers to the level of freedom that workers have to relocate in order to...

What is 'Dealing Desk' In foreign currency markets, the location of a financial institution's forex dealers. Since the forex market is open...

What does 'Underperform' mean Underperform is an analyst recommendation when a stock is expected to do slightly worse than the market return....

What is 'National Average Wage Index - NAWI' An index calculated annually by the Social Security Administration (SSA) based on wages subject...

DefinitionLand rehabilitation is the process of returning the land in a given area to some degree of its former state, after some process has...

What is labor market flexibility and why is it important Labor market flexibility is the ability of businesses to respond quickly to changes in market...

Labor Theory Of Value What is the 'Labor Theory Of Value ' The labor theory of value was an early attempt...

What is 'Labor Intensive' Labor intensive refers to a process or industry that requires a large amount of labor to produce its goods or services....

What is 'Occupational Labor Mobility' Refers to the ease with which workers can switch career fields to find gainful employment or meet...