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Labor Force
In macroeconomics, the workforce or labour force is the sum of people either working (i.e., the employed) or looking for work (i.e., the unemployed): \text = \text + \text Those neither working in the marketplace nor looking for work are out of the labour force. The sum of the labour force and out of the labour force results in the noninstitutional civilian population, that is, the number of people who (1) work (i.e., the employed), (2) can work but don't, although they are looking for a job (i.e., the unemployed), or (3) can work but don't, and are not looking for a job (i.e., out of the labour force). Stated otherwise, the noninstitutional civilian population is the total population minus people who cannot or choose not to work (children, retirees, soldiers, and incarcerated people). The noninstitutional civilian population is the number of people potentially available for civilian employment. \begin \text &= \text + \text \\ & ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OECD Labour Force Participation Rate
The Organisation for Economic Co-operation and Development (OECD; , OCDE) is an intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and world trade. It is a forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members. The majority of OECD members are generally regarded as developed countries, with high-income economies, and a very high Human Development Index. their collective population is 1.38 billion people with an average life expectancy of 80 years and a median age of 40, against a global average of 30. , OECD Member countries collectively comprised 62.2% of global nominal GDP ( USD 49.6 trillion) and 42.8% of global GDP ( Int$54.2 trillion) at purchasing power parity. The OECD is an official Unit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Martha Chen
Martha Alter Chen (born February 9, 1944) is an American academic, scholar and social worker, who is presently a lecturer in public policy at the Harvard Kennedy School and senior advisor of the global research-policy-action network WIEGO (Women in Informal Employment: Globalizing and Organizing) and a member of the Advisory Board of the United Nations University World Institute for Development Economics Research (UNU-WIDER). Martha is a International development, development practitioner and scholar who has worked with the working poor in India, South Asia, and around the world. Her areas of specialization are employment, poverty alleviation, informal economy, and gender. She lived in Bangladesh working with BRAC (NGO), BRAC, one of the world's largest non-governmental organizations, and in India, as field representative of Oxfam America for India and Bangladesh for 15 years. In 2011, she received the Padma Shri from the Government of India for her contributions in the field of s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Underdevelopment
Underdevelopment, in the context of international development, reflects a broad condition or phenomena defined and critiqued by theorists in fields such as economics, development studies, and postcolonial studies. Used primarily to distinguish states along benchmarks concerning human development—such as macro-economic growth, health, education, and standards of living—an "underdeveloped" state is framed as the antithesis of a " developed", modern, or industrialized state. Popularized, dominant images of underdeveloped states include those that have less stable economies, less democratic political regimes, greater poverty, malnutrition, and poorer public health and education systems. Underdevelopment per Walter Rodney is primarily made of two components, a comparative aspect as well the relationship of exploitation: namely, the exploitation of one country by another. History In critical development and postcolonial studies, the concepts of "development", "developed", and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Convergys Baguio
Convergys Corporation was a corporation based in Cincinnati, Ohio, that sold customer management and information management products, primarily to large corporations. Customer management products included agent assisted, self-service and care software tailored to the communications, financial services, technology, retail, healthcare and government markets. Information management provided convergent billing and business support system (BSS) products and services including revenue management, product and order management, and customer care management to telecom, utilities, and cable/satellite/broadband service providers. They had approximately 130,000 employees across 33 countries. History The company grew from Cincinnati Bell Information Systems and MATRIXX, both subsidiaries of Cincinnati Bell, and AT&T Solutions Customer Care (formerly AT&T American Transtech), which was sold to Cincinnati Bell in 1998; an IPO in August 1998 made it a fully independent company. Since then, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Labor Arbitrage
Global labor arbitrage is an economic phenomenon where, as a result of the removal of or disintegration of barriers to international trade, jobs move to nations where labor and the cost of doing business (such as environmental regulations) are inexpensive and/or impoverished labor moves to nations with higher paying jobs.The "global labor arbitrage" phenomenon has been described by economist Stephen S. Roach. See Mike Whitney"Labor arbitrage,"''Entrepreneur'', June 2006. Two common barriers to international trade are tariffs (politically imposed) and the costs of transporting goods across oceans. With the advent of the Internet, the decrease of the costs of telecommunications, and the possibility of near-instantaneous document transfer, the barriers to the trade of intellectual work product, which is, essentially, any kind of work that can be performed on a computer (such as computer programming) or that makes use of college education, have been greatly reduced. Often, a prospe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Human Migration
Human migration is the movement of people from one place to another, with intentions of settling, permanently or temporarily, at a new location (geographic region). The movement often occurs over long distances and from one country to another (external migration), but internal migration (within a single country) is the dominant form of human migration globally.World Migration Report' Migration is often associated with better human capital at both individual and household level, and with better access to migration networks, facilitating a possible second move. It has a high potential to improve human development, and some studies confirm that migration is the most direct route out of poverty. Age is also important for both work and non-work migration. People may migrate as individuals, in family units or in Mass migration, large groups. There are four major forms of migration: invasion, conquest, colonization and emigration/immigration. People moving from their home due to force ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Offshoring
Offshoring is the relocation of a business process from one country to another—typically an operational process, such as manufacturing, or supporting processes, such as accounting. Usually this refers to a company business, although state governments may also employ offshoring. More recently, technical and administrative services have been offshored. Offshoring neither implies nor precludes involving a different company to be responsible for a business process. Therefore, offshoring should not be confused with outsourcing which does imply one company relying on another. In practice, the concepts can be intertwined, i.e offshore outsourcing, and can be individually or jointly, partially or completely reversed, as described by terms such as reshoring, inshoring, and insourcing. In-house offshoring is when the offshored work is done by means of an internal (captive) delivery model. Imported services from subsidiaries or other closely related suppliers are included, whereas in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Labour Supply
In Mainstream economics, mainstream economic theories, the labour supply is the total hours (adjusted for intensity of effort) that workers wish to work at a given real wage rate. It is frequently represented graphically by a labour supply curve, which shows hypothetical wage rates plotted vertically and the amount of labour that an individual or group of individuals is willing to supply at that wage rate plotted horizontally. There are three distinct aspects to labor supply or expected hours of work: the fraction of the population who are employed, the average number of hours worked by those that are employed, and the average number of hours worked in the population as a whole. Neoclassical view Labour supply curves derive from the 'labour-leisure' trade-off. More hours worked earn higher incomes, but necessitate a cut in the amount of leisure that workers enjoy. Consequently, there are two effects on the amount of labour supplied due to a change in the real wage rate. As, for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London Evening Standard
The ''London Standard'', formerly the ''Evening Standard'' (1904–2024) and originally ''The Standard'' (1827–1904), is a long-established regional newspaper published weekly and distributed free of charge in London, England. It is printed in tabloid format, and also has an online edition. In October 2009, after being bought by Russian businessman Alexander Lebedev, the paper ended a 180-year history of paid circulation and multiple editions every day, and became a free newspaper publishing a single print edition every weekday, doubling its circulation as part of a change in its business plan. On 29 May 2024, the newspaper announced that it would reduce print publication to once weekly, after nearly 200 years of daily publication, as it had become unprofitable. Daily publication ended on 19 September 2024. The first weekly edition was published on 26 September 2024 under the new name of ''The London Standard''. History From 1827 to 2009 The newspaper was founded by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sick Leave
Sick leave (or paid sick days or sick pay) is paid time off from work that workers can use to stay home to address their health needs without losing pay. It differs from paid vacation time or time off work to deal with personal matters, because sick leave is intended for health-related purposes. Sick leave can include a mental health day and taking time away from work to go to a scheduled doctor's appointment. Some policies also allow paid sick time to be used to care for sick family members, or to address health and safety needs related to domestic violence or sexual assault. Menstrual leave is another type of time off work for a health-related reason, but it is not always paid. In most nations, some or all employers are required to pay their employees for some time away from work when they are ill. Most European, many Latin American, a few African, and a few Asian countries have legal requirements for paid sick leave for employees. In nations without laws mandating paid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Homemaking
Homemaking is mainly an American English, American and Canadian English, Canadian term for the management of a home, otherwise known as housework, housekeeping, housewifery or household management. It is the act of overseeing the organizational, day-to-day operations of a house or estate, and the managing of other domestic concerns. A person in charge of the homemaking, who is not employed outside the home, in the US and Canada, is called a homemaker, a term for a housewife or a stay-at-home dad. Historically, the role of homemaker was often assumed by women. The term "homemaker", however, may also refer to a social worker who manages a household during the incapacity of the housewife or househusband. Home health workers assume the role of homemakers when caring for elderly individuals. This includes preparing meals, giving baths, and any duties the person in need cannot perform for themselves. Homemaking can be the full-time responsibility of one spouse, partner, or parent, sha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Sector
In macroeconomics, the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing. It encompasses industries that produce a finished, usable product or are involved in construction. This sector generally takes the output of the primary sector (i.e. raw materials like metals, wood) and creates finished goods suitable for sale to domestic businesses or consumers and for export (via distribution through the tertiary sector). Many of these industries consume large quantities of energy, require factories and use machinery; they are often classified as light or heavy based on such quantities. This also produces waste materials and waste heat that may cause environmental problems or pollution (see negative externalities). Examples include textile production, car manufacturing, and handicraft. Manufacturing is an important activity in promoting economic growth and development. Nations that export manufac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
