![]() Note: The code permits companies providing flexible benefit plans to offer employees the following options: accident and health insurance plans, including healthcare spending accounts group term life insurance and dependent coverage disability benefits and accidental death and dismemberment plans employee contributions to 401(k) plans or other thrift or savings plans (either pretax or after tax) dependent care assistance plans, including spending accounts vacation days and group legal services. Each establishment is assigned a six-digit North American Industry Classification System (NAICS) code to reflect its primary economic activity. ![]() For state and local government, an establishment can include more than one physical location, such as a school district, a police department, a fire department, a health or social service operation, a highway maintenance operation, an urban transit operation, or some other governmental unit. If a sampled establishment is owned by a larger entity with many locations, only the employment and characteristics of the establishment selected for the sample are considered for the survey. In the National Compensation Survey, for sampled private industries, the establishment usually is at a single physical location, such as a mine, a factory, an office, or a store, that produces goods or provides services. All establishments in an enterprise may be classified into one industry (e.g., a chain) into different industries (e.g., a conglomerate) or into an economic unit that produces goods or services, usually at a single physical location, and that is engaged in one or predominantly one activity (e.g., a factory, a mine, a store, or an office). An enterprise (a private firm, government agency, or nonprofit organization) can consist of a single establishment or multiple establishments. Note: A single establishment generally produces a single good or provides a single service. ![]() In addition to the total unemployed, U–4 adds discouraged workers U–5 adds all people marginally attached to the labor force (which includes discouraged workers) and U–6 adds all people marginally attached to the labor force, plus people employed part time for economic reasons. U–4 through U–6 are broader than U–1, U–2, and U-3. U–1 shows the number of individuals unemployed 15 weeks or longer as a percentage of the labor force, while U–2 presents job losers and people who completed temporary jobs as a percentage of the labor force. Known as U–1, U–2, and U–4 through U–6 (U–3 is the official unemployment rate), these alternative measures of labor underutilization provide insight into a broad range of problems workers encounter in today’s labor market. Similar to the official unemployment rate, the alternative measures are presented as a percentage of the labor force (adjusted as necessary). Note: The Bureau of Labor Statistics (BLS) publishes a range of indicators that point to the extent to which labor resources are being utilized.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |