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unit of labour

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  • Labour economics — seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour… …   Wikipedia

  • Labour and tax laws in Iran — govern the employment and fiscal contributions of people working and living in Iran. Roughly one fourth of Iran s labour forc is engaged in manufacturing and construction. Another one fifth is engaged in agriculture, and the remainder are divided …   Wikipedia

  • labour economics — Study of how workers are allocated among jobs, how their rates of pay are determined, and how their efficiency is affected by various factors. The labour force of a country includes all those who work for gain in any capacity as well as those who …   Universalium

  • labour — /lay beuhr/, n., v.i., v.t., adj. Chiefly Brit. labor. Usage. See or1. * * * I In economics, the general body of wage earners. In classical economics, labour is one of the three factors of production, along with capital and land. Labour can also… …   Universalium

  • unit labour costs — The total expenditure on labour per unit of output. A comparison between changes in productivity and unit labour costs in different countries enables economists to make predictions about changes in their competitiveness For example, if unit… …   Big dictionary of business and management

  • Labour party — a political party in Great Britain, formed in 1900 from various socialist and labor groups and taking its present name in 1906. * * * British political party whose historic links with trade unions have led it to promote an active role for the… …   Universalium

  • labour law — Body of law that applies to matters such as employment, wages, conditions of work, labour unions, and labour management relations. Laws intended to protect workers, including children, from abusive employment practices were not enacted in… …   Universalium

  • labour-market segmentation — In essence, neo classical economic theory sees a market for labour, with buyers and sellers in open competition with each other, which functions in broadly the same way as other markets. There are differences of course. It is recognized that… …   Dictionary of sociology

  • Labour — [ Charles Sprague Pearce (1896).] Labour or labor may refer to:* Work of any kind * Wage labour, in which a worker sells their labour and the employer buys it * Manual labour, physical work done by people * Childbirth, especially from the start… …   Wikipedia

  • unit — More than one class of securities traded together ( e.g., one common share and three subscription warrants ). Bloomberg Financial Dictionary Securities representing a portion of assets pooled by investors: run by a management company whose share… …   Financial and business terms

  • Unit fine — A unit fine system is a judicial sentence in which the amount of the fine depends upon the offender s means.DistributionUnit fine systems are common and standard in many jurisdictions across the world, notably in Commonwealth countries such as… …   Wikipedia

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