Part-time Worker
One who regularly works fewer hours
than others in the same establishment. No particular minimum or
maximum hours standards apply; however, in the Current Population
Survey, a maximum of 34 hours is used.
Pay Period
The accounting period an employer sets up to systematically
count employee hours worked in order to pay for work done (earnings).
This period of time will vary; e.g., A bi-weekly pay period counts
hours for a two week period and remits "checks" to employees.
Payroll Total wages paid by a business
to its employees for work performed during the pay period (weekly,
monthly, etc.).
[See also -
Average
Annual Wage,
Average Weekly Earnings]
Per Capita
Income
A measure of
income by unit of population (per person). Total personal income
for a given area divided by population of the area.
Performance Measure
A measure of what a process presently is doing in relationship to what it is supposed to be doing. There are four such measures:
-
Input measures the resources invested in the process (e.g., allotted funds, staff assigned).
-
Output measures the amount of work accomplished, the goods produced or service produced by the process.
-
Efficiency measures the cost, unit cost, or productivity associated with a given output or outcome.
-
Outcome measures the extent to which process or customer objectives have been met while showing the effect or public good produced by the efforts.
Personal
Income
Income
received from all sources less contributions to social insurance,
retirement plans, and social security.
Place of Residence
A concept used to define labor force data where people are counted by where they live, regardless of where they work. This concept is used to derive local area unemployment statistics (LAUS) employment and unemployment estimates.
Place of Work A concept used to define employment where people are counted by where they work, regardless of where they live. Current Employment Statistics (CES or total nonag wage and salary estimates) are derived from this concept.
Poverty Level Determined by the U.S.
Housing and Urban Development Dept., an estimate of what it costs to
minimally feed, clothe, and provide shelter for families of
different sizes. The most commonly quoted family size is four;
however, the guidelines provide values for families from one to
eight persons, as well as a numeric amount
for each person over eight in the family. It refers to the family income level below which people are officially classified as poor
or living in poverty. This level is adjusted each year and
varies depending on the number of members in each household.
Probability Sampling
(Also referred to as Random Sampling) A sampling procedure that gives each of the possible samples a fixed and determinate probability of selection or that gives each unit on a sampling frame a fixed and known chance of being included in the sample. Probability samples permit the calculation, from the sample data, of measures of reliability for the estimates.
Producer Price Index (PPI)
A statistical measure that
replaced the Wholesale Price Index as the most important monthly measure of prices at the wholesale level. PPI is really three indexes: one for producer finished goods, one for intermediate, and one for crude commodities. The PPI usually refers to the finished goods index.
[See also -
Consumer Price Index
(CPI),
Employment Cost Index (ECI)]
Production Worker
This group covers employees, up through the level of working supervisors, who are engaged directly in the manufacture of the product of an establishment. Among those excluded from this category are people in executive and managerial positions and people engaged in activities such as accounting, sales, advertising, routine clerical work, and professional and technical functions.
Productivity
see "Labor Productivity."
Alphabetical Glossary
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Glossary
References
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