
Net
Migration – The number
of people who moved into an area minus the number of people who
moved out during a specified period of time.
New Entrants – In the
Current Population Survey (CPS), new entrants are new workers looking for a job. They include students entering the labor market after graduation from school and others who have not previously held a full-time job lasting two weeks or longer.
Non-Accelerating Inflation Rate of Unemployment
(NAIRU)
– The
theoretical rate of unemployment which provides the maximum long-run
sustainable economic growth and output below which inflationary
pressure begin to accelerate. Usually defined as the full
employment level, when cyclical unemployment is minimal or zero.
[See also -
Cyclical
Unemployment,
Full Employment]
Nondurable Goods – Items that generally last for only a short time (three years or less). Food, beverages, apparel, and gasoline are common examples. Because of the nature of non-durable goods, they are generally purchased when needed.
[See also -
Durable Goods]
Nonfarm (Non-Ag) Employment – The most accurate and dependable measure of the working population. It is a count of jobs, by place of work, and includes all full- and part-time employees who work in non-agricultural establishments. It does not include pensioners, domestic workers in households, military personnel, self-employed or unpaid family workers, or people on leave of absence without pay.
Nonsampling Error – Any error in the estimate other than the sampling error. Non-sampling error can arise from the use of an inaccurate sampling frame, improper sample allocation and selection procedures, poorly designed survey questionnaires, inaccurate data clarification/verification techniques, inaccurate reporting or coding from survey respondents, errors in estimation methodology, incorrect specifications, human error in execution and validation, computer program errors, etc. It is important to note that non-sampling errors also occur in censuses.
North American Industrial Classification System (NAICS) – This industrial classification system groups establishments into industries based on the activities in which they are primarily engaged. It will soon replace the old Standard Industrial Classification (SIC) system in the United States, Mexico and Canada. NAICS was developed to provide a consistent framework for the collection, analysis and dissemination of industrial statistics used by government policy analysts, by academics and researchers, by the business community, and by the public.
[See also -
Standard
Industrial Classification (SIC)]
Not-in-the-Labor-Force – All people 16 years of age or older who are neither employed nor unemployed are considered “not in the labor force.” Some examples are students, housewives, retirees, etc.
Alphabetical Glossary
Listing
Glossary
References
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Iowa Workforce Information Network (IWIN)