|
|
| Oregon Labor Market Information System | July 4, 2008 |  | | |
A
B
C
D
E
F
G
I
J
L
M
N
O
P
Q
R
S
T
U
W
A
Affirmative Action - A Federal government program covering actions,
policies, and procedures for employers/contractors that are designed to
achieve equal employment opportunity. The affirmative action obligation
includes a thorough, systematic effort to prevent discrimination from occurring
or to detect it and eliminate it as promptly as possible.
See also
- QualityInfo.org's
Oregon Affirmative Action packets.
American Community Survey - The ACS is an on-going survey that
the Census Bureau plans to use to replace the long form census survey done
every ten years, starting with the 2010 Census. It is a way to provide
the data that communities need every year instead of once every ten years.
ACS data is currently available only for Multnomah County in Oregon. Full
implementation will begin in 2003 in every county of the United States.
Annual Average Employment - The average number of people employed
over a given year in a given occupation or industry. Gives a measure of
average employment during the year without the effects of seasonal variations.
Average - The most popular understanding of the term is the arithmetic
mean, which is calculated by summing all the values under consideration,
and dividing by the number of values. Another average is the median or
middle point, in which there are equal number of data points above and below
that data point. The final type is the mode, which is the data point that
occurs the most frequently. So, given the following 7 data points: 1, 2,
3, 4, 5, 5, and 9; then the mean is 4.143 (1+2+3+4+5+5+9)/7); the median
(the middle value) is 4, and the mode (most common) is 5 (there are 2 of
them, only 1 of the others).
Average Annual Pay - Calculated by dividing total annual pay by
the average of the twelve monthly employment levels. "Pay" includes wages
(with bonuses and severance pay), cash value of meals and lodging, tips
and employer paid contributions to individual retirement accounts.
See also
- Average Weekly Wage.
Average Hourly Earnings - Calculated by dividing workers' gross
payrolls by their total hours worked. They reflect the earnings of workers,
including premium pay. They differ from wage rates, which are the amounts
payed for a given unit of work or time.
Note - Average hourly earnings
do not represent total labor costs per hour for the employer, because they
exclude retroactive payments and irregular bonuses, employee benefits,
and the employer's share of payroll taxes. Also, earnings for those employees
not covered under production worker and non-supervisory categories are not
reflected in the estimates.
See also
- Employment Cost Index.
- Average Weekly Wage.
Average Weekly Payroll - Calculated by dividing total wages earned
by workers in an industry in one year by the annual average employment in
that industry.
Average Weekly Wage - Calculated by dividing the annual average payroll by 52.
See also
- Average Hourly Earnings.
B
Bureau of Economic Analysis - A division of the U.S. Department
of Commerce, BEA is a Federal statistical agency responsible for estimation
of Gross Domestic Product (GDP). Data from the CES and ES-202 programs
are used in GDP estimates.
Bureau of Labor Statistics - BLS is an agency within the US Department
of Labor and is the principal fact-finding agency for the Federal Government
in the field of labor economics and statistics. The BLS collects, processes,
analyzes, and disseminates essential statistical data relating to employment,
unemployment, the labor force, productivity, prices, family expenditures,
wages, industrial relations, and occupational safety and health. Well known
data released by BLS include the Consumer Price Index, the Producer Price
Index, the national unemployment rate, hours and earnings, and nonfarm employment
levels.
Business Cycle - Recurring expansion and contraction of the economy.
See also
- Productivity.
- Recession.
- Unemployment.
Business Ownership Designation - Is the designation as to who controls
firms and other organizations and agenicies. Ownership can be private, or
part of Federal, state, tribal, or local government.
C
Career Information System - A complete occupational, educational
and job search information system for based in Oregon for Oregonians. The
public can access this system on the Internet, or can use the computers
that are located at most One-Stop Centers, Employment Department Field Offices,
Vocational Rehabilitation Services offices, public secondary schools, and
community colleges.
See also
- Oregon Career Information System.
Census - An official, usually periodic, count of population that
also records their demographic information.
See also
- Census Tract.
- American Community Survey.
- Census Bureau.
Census Bureau - A division of the U.S. Department of Commerce.
It conducts censuses of population and housing every ten years and of agriculture,
business, governments, manufacturing, mineral industries, and transportation
at five-year intervals. The Census Bureau also conducts the monthly Current
Population Survey (CPS) in cooperation with BLS. Data from this survey
provide data inputs for the calculation of unemployment statistics.
See also
- Census.
- Decennial Census.
- Census Tract.
- American Community
Survey (ACS).
Census Tract - A small, relatively permanent statistical subdivision
of a county. Census tracts are delineated by local committees of Census
users, and provide the smallest geographic for which census data are collected
and presented. Census tracts are always sub-areas within a county, but
may not follow zip code lines.
See also
- Census.
- American Community Survey.
- Census Bureau.
Civilian Labor Force - The civilian labor force comprises the total
of all civilians age 16 and older classified as employed or unemployed.
This gives employers a measure of the labor pool.
See also
- Employed.
- Labor Force.
- Labor Force
Participation Rate.
- Unemployed.
Civilian Non-institutional Population - Total population age 16
or older excluding prison inmates or those hospitalized or in some other
form of institution.
See also
- Civilian Labor Force.
- Labor Force.
- Labor Force
Participation Rate.
- Unemployment.
Consumer Price Index - A measure of the average change in prices
over time for a set group of goods and services. The Bureau of Labor Statistics
publishes CPIs for two population groups: (1) for all urban consumers (CPI-U)
which covers approximately 80 percent of the total population, and (2) for
all urban wage earners and clerical workers (CPI-W) which covers 32 percent
of the total population. Among the CPI components are the costs of housing,
food, transportation, and energy. While the CPI is not technically a cost
of living index, it is often used to indicate changes in the cost-of-living.
See also
- Employment Cost Index.
- Inflation.
Covered Employment and Wages - The Covered Employment and Wages
program, officially called the ES-202 program, is a cooperative endeavor
of the Bureau of Labor Statistics and the employment security agencies of
the 50 States, the District of Columbia, Puerto Rico, and the Virgin Islands.
Using data submitted quarterly by the state agencies, BLS summarizes employment
and payroll data for workers covered by state Unemployment Insurance (UI)
laws and for civilian workers covered by the program of Unemployment Compensation
for Federal Employees (UCFE).
Current Employment Statistics - A monthly survey of nonfarm business
establishments used to collect nonfarm payroll employment, worker hours
and earnings, by industry and area. Through the Federal/State cooperative
effort, these data are used to compute current monthly employment, hours
and earnings estimates, by industry, for the nation, the 50 states and the
District of Columbia, and over 250 Metropolitan Statistical Area’s (MSA)
and Primary Metropolitan Statistical Area’s (PMSA). In Oregon this data
is also gathered for each county.
See also
- Covered Employment
and Wages.
- Metropolitan
Statistical Area (MSA).
Current Population Survey - A monthly survey of the population
of the United States, not including military personel and people in institutions.
It is conducted by household, and provides statistics on employment, unemployment,
and wages by industry, occupation, and demographic characteristics. The
data are collected by the Bureau of the Census in cooperation with the Bureau
of Labor Statistics.
See also
- Demographics.
Cyclical Unemployment - Unemployment that results from periodic
declines in the business cycle (for example, recessions). Downswings in
the level of economic activity create unemployment as a result of inadequate
demand for workers. During a recovery, cyclical unemployment will be reduced
or eliminated.
See also
- Frictional Unemployment.
- Structural Unemployment.
- Unemployment
Insurance (UI).
- Recession.
D
Data Limitations - Margin of error in collection methods, or incomplete
data, which affect the accuracy of some statistical analysis.
Decennial Census - Every 10 years, the U.S. Census Bureau conducts
an enumeration, or head count, of everyone living in the Country, as required
by the Constitution. The entire nation is divided into small sections called
Census Tracts, and within each tract the Census bureau attempts to count
the number of persons, and to record their demographic, economic, and housing
characteristics. The first official US Census was done in 1790, the most
recent count was done on April 1, 2000. The data from the census are key
to planning for both private business and government.
Demographics - Data related to population; size, components of
change, and characteristics (e.g. age, education, etc.).
See also
- Decennial Census.
- Current Population Survey.
- American Community Survey.
Discouraged Workers - A term used to describe persons aged 16 or
over without jobs who are not actively seeking employment because they believe
that they would be unable to find a job. Even though discouraged workers
would like to be employed, they are not counted as unemployed, or even as
part of the labor force. This number, added to the number of counted unemployed,
can give a better idea of the actual number of potential workers.
See also
- Dislocated Workers.
Dislocated Occupations - Occupations to which workers who become
unemployed are unlikely to return.
See also
- Dislocated Workers.
Dislocated Workers - Workers who have become unemployed because
of structural changes in an industry, natural disaster, or other factors,
and have limited opportunity to return to their old industry or occupation.
See also
- Dislocated Occupations.
- Discouraged Workers.
Durable Goods - Manufactured items generally considered to have
a normal life expectancy of three years or more. Examples are automobiles,
furniture, household appliances, etc.
Duration of Unemployment - Represents the length of time that unemployed
persons had been looking for work at a given point in time.
See also
- Unemployment.
E
ES-202 - The Covered Employment and Wages program, officially called
the ES-202 program, is a cooperative endeavor of the Bureau of Labor Statistics
and the employment security agencies of the 50 States, the District of Columbia,
Puerto Rico, and the Virgin Islands. Using data submitted quarterly by
the state agencies, BLS summarizes employment and payroll data for workers
covered by state Unemployment Insurance (UI) laws and for civilian workers
covered by the program of Unemployment Compensation for Federal Employees
(UCFE).
Earnings - a general term describing monetary compensation paid
to individuals for work performed. Depending on the context, this might
not include irregular items such as tips, commissions, profit sharing and
bonuses, but may include overtime pay, vacation and sick leave pay, shift
differential and hazardous duty pay.
See also
- Income.
Economic Census - Profiles the US economy every 5 years, from the
national to the local level. Results from the 2002 census will provide
information on businesses operating at more than 21 million locations, giving
key information on the number of businesses and employees, the value of
shipments, sales, receipts, revenue and payroll.
Employed - A condition in which persons 16 years of age or older
worked for compensation in a business during the week which includes the
12th day of the month, or worked at least 15 hours (during the week which
includes the 12th day of the month) as unpaid workers in a family business;
or had jobs from which they were temporarily absent due to illness, bad
weather, vacation or labor-management dispute. Used to describe statistical
employment payroll numbers that reflect the number of jobs rather
than the number of persons employed.
See also
- Total Employment.
Employment Cost Index - A measure of the change in the cost of
labor, free from the influence of employment shifts among occupations and
industries. Compensation used in the ECI includes all wages, salaries, and
benefit costs paid by employers. Simply put, it measures the change in
the total cost of labor to employers and so includes the cost of benefits
as well as wages.
See also
- Unit Labor Costs.
- Producer Price Index.
- Full Employment.
Employment, Nonfarm Payroll - An estimate of all persons who worked
full- or part-time or received pay from a nonagricultural employer for any
part of the pay period which included the 12th of the month. Because this
estimate comes from a survey of employers, persons who work for two different
companies would be counted twice. Therefore, nonfarm payroll employment
is really an estimate of the number of jobs, rather than the number of persons
employed. Persons may receive pay from a job if they are temporarily absent
due to illness, bad weather, vacation, or labor-management dispute. This
estimate is based on where the jobs are located, regardless of where the
workers reside, and is therefore sometimes referred to as employment "by
place of work". Nonfarm payroll employment information is collected and
compiled based on the Employment Department’s Current Employment Statistics
(CES) survey, and was formerly referred to as nonagricultural wage and salary
employment.
See also
- Total Employment.
F
Frictional Unemployment - Unemployment resulting from the lags
involved in the redeployment of labor. If the number of vacancies in an
occupation was exactly equal to the number seeking employment, there "should"
be no unemployment. In practice, though, it takes time for the unemployed
to find vacancies, be interviewed, and be hired. At any one time, therefore,
there exists a small pool of unemployed owing to these "frictions" in the
workings of the labor market. Frictional unemployment results primarily
from people looking for their first jobs or those who quit one job to look
for another.
See also
- Cyclical Unemployment.
- Seasonal Unemployment.
Full Employment - The level of employment, or unemployment rate,
which provides the maximum sustainable rate of economic growth and Gross
Domestic Product without resulting in accelerating inflation. A Full Employment
rate that is also just above the rate which will cause inflationary pressure,
is called the Non-Accelerating Inflation Rate of Unemployment (NAIRU).
See also
- Non-Accelerating
Inflation Rate of Unemployment.
G
Goods-Producing Industries - Industries that produce tangible products.
The goods producing sector includes mining, construction, and manufacturing.
See also
- Durable Goods.
- Nondurable Goods.
Gross Domestic Product (GDP) - The total value of all goods and
services produced by the U.S. economy. GDP is compiled quarterly by the
U.S. Department of Commerce. CES employment and earnings data are used
for advance GDP estimates. ES-202 wage data are used for the final GDP
estimates.
See also
- Gross State Product.
Gross State Product - The total market value, in terms of current
dollars, of all final goods and service produced in the state in one year.
See also
- Gross Domestic Product.
Growth Openings - Job opportunities resulting from new businesses
opening or existing businesses expanding.
I
Income - A recurring benefit, usually measured in money, that is
received by a person from labor performed or from returns on capital investments.
The major elements of income are wages (including tips and bonuses), rents,
interest and dividends, transfer payments, and proprietors’ withdrawls.
See also
- Oregon Wage
Information (OWI).
Industry - A group of establishments that produce similar products
or provide similar services.
See also
- North American Industrial Classification System (NAICS).
Industry Employment - The number of filled positions in a particular
industry at a particular time. This does not necessarily imply full-time
or year-round positions.
See also
- North American Industrial Classification System (NAICS).
- Covered Employment
and Wages.
- Current
Employment Statistics Survey (CES).
- Industry Occupation Matrix.
Industry/Occupational Matrix - A data file that contains occupational
staffing patterns of industries, based on the Employment Department’s Occupational
Employment Statistics (OES) survey. The matrix is a tool used to convert
between industry employment and occupational employment.
See also
- North American Industrial Classification System (NAICS).
- Occupational
Employment Statistics (OES).
- Standard
Occupational Classification (SOC).
Inflation - The rate of increase of prices of a set group of goods
and services, excluding more volatile prices, such as food and energy prices.
See also
- Consumer Price Index.
Inflationary Expectation - Anticipation of higher inflation contributing
to faster price increases.
See also
- Consumer Price Index (CPI).
- Employment Cost Index.
- Core inflation Rate.
Internship - An experience that takes place at a work site, paid
or unpaid, during which an intern (often a student, but not always) works
with an employee to complete structured projects or activities specific
to that business or occupation.
J
Job Shadow - An experience that takes place at a work site in which
an individual observes and interacts with an employee to learn about a specific
job. As an exploratory exercise, teachers (employers and workers) share
first-hand knowledge about occupations and businesses in their region; and
the individual gains real life experience, which may lead them to improved
career choice decisions. Also being used as part of the interview process
by some employers.
L
Labor Force - Consists of the population, aged 16 and over, which
is employed or unemployed, including those in active military duty.
See also
- Civilian Labor Force.
- Labor Force
Participation Rate.
- Employed.
- Unemployed.
Labor Force Participation Rate - The percentage of people 16 years
of age and older in a specific population who are considered part of the
labor force, that is, either employed or unemployed. This ratio Indicates
the degree to which a population is working. A low rate might indicate
a reliance on other forms of income, or a significant number of discouraged
workers, while a high rate might indicate a tight labor market.
See also
- Civilian Labor Force.
- Labor Force.
- Employed.
- Unemployed.
Labor Force Separation - is the rate at which workers permanently
leave the labor force through death, retirement, or through becoming disabled.
Retirement, in this context, is defined more broadly than the typical understanding
of the word. It includes any "long-term" removal from the labor force, such
might occur when a parent remains at home during the early years of their
child's life. These rates are summarized by occupation and are used to
calculate projections of replacement openings for occupations into the future.
Labor Force Separations - occurs when someone permanently leaves
the labor force through death, retirement, or through becoming disabled.
Retirement, in this context, is defined more broadly than the typical understanding
of the word. It includes any "long-term" removal from the labor force, such
might occur when a parent remains at home during the early years of their
child's life.
Labor Force Turnover - all job changing which occurs within the
labor force, excluding permanent separations from the labor force. Two
major types of labor force turnover include:
1) lateral or vertical movement
within an occupation; and
2) transfers between occupations, either in
the same firm or to other firms.
See also
- Turnover Rate.
- JOLTS, a national labor
turnover survey by the Department of Labor.
Labor Market - An economic marketplace in which the supply consists
of workers and demand consists of jobs. A labor market is traditionally
defined by a geographic area in which workers can change jobs without changing
places of residence. A labor market can be further specified by industry,
occupation, education level, age, business ownership, or other attributes.
Jobs can be filled or unfilled; workers can be employed or unemployed.
Labor Market Information (LMI) - 1. data available on a particular
labor market, including geographic and industry employment and unemployment
estimates, occupational employment projections and wage information, and
industrial average hours and earnings data. 2. statistical research and
analysis offices of State Employment Security Agencies often use this term
as part of their titles.
See also
- Workforce Information.
- Workforce Analysts.
- Regional Economists.
- OLMIS.
Labor Productivity - The amount of output by worker per unit of hours worked.
See also
- Consumer Price Index.
- Oregon Wage Information.
Labor Trends - A monthly publication that provides current economic
and labor market information for Oregon. A typical issue includes articles
and graphics outlining and analyzing employment events and issues, as well
as one-time articles on specific issues.
See also
- The Oregon Labor Trends publication page on QualityInfo.org.
Local Area Unemployment Statistics (LAUS) - A Federal/State cooperative
program that produces monthly employment, labor force, and unemployment
estimates for states and local areas.
M
Mean - The most popular understanding of the term is the arithmetic
mean, which is calculated by summing all the values under consideration,
and dividing by the number of values. Another average is the median or
middle point, in which there are equal number of data points above and below
that data point. The final type is the mode, which is the data point that
occurs the most frequently. So, given the following 7 data points: 1, 2,
3, 4, 5, 5, and 9; then the mean is 4.143 (1+2+3+4+5+5+9)/7); the median
(the middle value) is 4, and the mode (most common) is 5 (there are 2 of
them, only 1 of the others).
Median - another measure of average value. If all values were listed
in ascending or descending order, the median would be the value in the middle.
See also
- Average.
Metropolitan Area - the term used to collectively describe the
set of areas known as Metropolitan Statistical Areas (MSAs), Primary Metropolitan
Statistical Areas (PMSAs), and Consolidated Metropolitan Statistical Areas
(CMSAs). Each MA must include a central city of 50,000 or more inhabitants,
or an urbanized area of at least 50,000 population, provided that the component
county/counties of the MA have a total population of at least 100,000. Oregon
has five MSA's: - Eugene/Springfield MSA, which consists of Lane County;
- Medford/Ashland
MSA, which consists of Jackson County;
- Portland/Vancouver PMSA which
includes Multnomah, Clackamas, Washington, Yamhill, Columbia Counties in
Oregon and Clark County, Washington.
- Salem PMSA, which includes
Marion and Polk counties.
- Corvallis MSA, which includes Benton County.
Notes:
The Salem PMSA and the Portland/Vancouver PMSA are part of the Portland-Salem,
Oregon-Washington CMSA (Consolidated Metropolitan Statistical Area).
Prior
to 1994, the Portland PMSA included Multnomah, Clackamas, Washington, and
Yamhill counties.
Metropolitan Statistical Area (MSA) - An MSA refers to an area
with a significant population nucleus, surrounded by adjacent communities
having a high degree of economic and social integration with the nucleus.
Metropolitan statistical areas are based on county boundaries, not city
boundaries. The Office of Management and Budget in Washington, DC designates
metropolitan statistical areas. An MSA may include one or more outlying
counties that have close economic and social relations with the central
county. An outlying county must have a specified level of commuting to
the central county and must meet certain standards regarding metropolitan
character, ie: population density, urban population, and population growth.
If an MSA has more than one million people, it may be categorized as a primary
metropolitan statistical area (PMSA). Each MSA must include a central
city of 50,000 or more inhabitants, or an urbanized area of at least 50,000
population, provided that the component county/counties of the MSA have
a total population of at least 100,000. In Oregon, there are five MSA's:
- Eugene/Springfield
MSA, which consists of Lane County;
- Medford/Ashland MSA, which consists
of Jackson County;
- Portland/Vancouver PMSA which includes Multnomah,
Clackamas, Washington, Yamhill, Columbia Counties in Oregon and Clark County,
Washington.
- Salem PMSA, which includes Marion and Polk counties.
- Corvallis
MSA, which includes Benton County.
Notes:
The Salem PMSA and
the Portland/Vancouver PMSA are part of the Portland-Salem, Oregon-Washington
CMSA (Consolidated Metropolitan Statistical Area).
Prior to 1994, the Portland
PMSA included Multnomah, Clackamas, Washington, and Yamhill counties.
Mode - in statistics, the number or value that appears most often
in a series or collection of data.
See also
- Average.
N
National Compensation Survey - A BLS survey that provides information
on average weekly or hourly earnings and compensation for selected occupations.
See also
- Employment Cost Index.
Natural Population Increase - the number of births minus the number
of deaths in a specified area over a specified period of time.
Net Population Migration - The number of people who moved into
an area minus the number of people who moved out during a specified period
of time.
Nominal Income - The face, actual, or par value of currency with
no regard to actual purchasing power over time. In other words, this is
"dollar value" not adjusted for inflation. Nominal income is the number
of dollars received as wages, rent, interest or profits.
See also
- Gross Domestic Product.
- Consumer Price Index.
Non-Accelerating Inflation Rate of Unemployment - 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. Believed to be around four percent currently.
See also
- Full Employment.
Nondurable Goods - Manufactured items generally expected to last
for less than three years. In terms of manufacturing industries, they would
fall into the North American Industrial Classification System (NAICS) 2-digit
code 32. Food, beverages, clothing, shoes, and gasoline products are examples.
See also
- Durable Goods.
Nonfarm Payroll Employment - An estimate of all persons who worked
full- or part-time or received pay from a nonagricultural employer for any
part of the pay period which included the 12th of the month. Because this
estimate comes from a survey of employers, persons who work for two different
companies would be counted twice. Therefore, nonfarm payroll employment
is really an estimate of the number of jobs, rather than the number of persons
employed. Persons may receive pay from a job if they are temporarily absent
due to illness, bad weather, vacation, or labor-management dispute. This
estimate is based on where the jobs are located, regardless of where the
workers reside, and is therefore sometimes referred to as employment "by
place of work". Nonfarm payroll employment information is collected and
compiled based on the Employment Department’s Current Employment Statistics
(CES) survey, and was formerly referred to as nonagricultural wage and salary
employment.
See also
- Total Employment.
North American Industrial Classification System (NAICS) - A system
of identifying industry activity, NAICS is replacing the U.S. Standard Industrial
Classification (SIC) system. NAICS will reshape the way we track our industries.
NAICS was developed jointly by the U.S., Canada, and Mexico to provide
new comparability in statistics about business activity across North America.
See also
- Standard
Industrial Classification.
- Industry.
O
Occupation - A collection of jobs with similar duties (e.g., secretary,
machinist, accountant, truck driver), regardless of industry. Most occupations
are found in more than one industry.
See also
- Occupational
Classifications.
Occupational Classifications - systems of collective job descriptions
which attempt to place individual jobs into general, but recognizable categories.
Currently, two different occupational classifications systems are in general
use in the U.S.: the Standard Occupational Classification (SOC), and O*NET.
In addition, the Career Information System (CIS), which is the designated
career information delivery system for Oregon, has its own occupational
classifications. SOC is used in the Occupational Employment Statistics
(OES) employer surveys conducted in every state and territory in the U.S.
Therefore, it is the classification system of choice for most occupational
publications and software products produced and used in Oregon.
See also
- Occupational
Employment Statistics.
- Standard
Occupational Classification (SOC).
Occupational Employment Statistics (OES) - A Federal/State cooperative
program that collects detailed occupational data by industry. The Occupational
Employment Statistics (OES) survey is an annual mail survey measuring occupational
employment and occupational wage rates for wage and salary workers in nonfarm
establishments, by industry. On a national level, the survey samples approximately
400,000 establishments per year, taking 3 years to fully collect the sample
of 1.2 million establishments. The OES survey uses Standard Occupational
Classification (SOC) and North American Industrial Classifications (NAICS)
codes.
Opportunity Cost - The amount of something that must be given up
or sacrificed to obtain something else. For instance, if you choose to spend
$50.00 on football tickets, you give up the opportunity to buy a $50.00
savings bond, so one of the opportunity costs of the football tickets is
the purchase and possible investment return of the savings bond.
Oregon Career Information System - A complete occupational, educational
and job search information system for based in Oregon for Oregonians. The
public can access this system on the Internet, or can use the computers
that are located at most One-Stop Centers, Employment Department Field Offices,
Vocational Rehabilitation Services offices, public secondary schools, and
community colleges.
See also
- Oregon Career Information System.
Oregon Labor Market Information System (OLMIS) - This web site
provides economic information to employers, job seekers, students, policy
makers, analysts and others. It is designed to give users access to the
Employment Department's information resources free of limitations due to
time or location. It is part of the Department's effort to encourage people
to make informed decisions based on the best data available.
See also
- www.qualityinfo.org.
Oregon Labor Trends - A monthly publication that provides current
economic and labor market information for Oregon. A typical issue includes
articles and graphics outlining and analyzing employment events and issues,
as well as one-time articles on specific issues.
See also
- The Oregon Labor Trends publication page on QualityInfo.org.
Oregon Wage Information (OWI) - Represents the most comprehensive
collection of Oregon Wage data available. It offers a broad spectrum of
wage rates from many sectors of Oregon's economy, and is designed to assist
job seekers, employers, career planners, and others needing Oregon wage
rates for specific occupations.
See also
- content.asp@id=3.htm.
Ownership - Is the designation as to who controls firms and other
organizations and agenicies. Ownership can be private, or part of Federal,
state, tribal, or local government.
P
Pay Period - The accounting period that an employer sets up to
systematically count employee hours worked in order to pay for work done
(earnings). Examples of common pay periods are daily, weekly, bi-weekly
(every two weeks) and monthly, although others are possible.
Payroll - Total wages paid by a business to its employees for work
performed during the pay period (weekly, monthly, etc.)
See also
- Average Annual Pay.
- Average Weekly Wage.
Payroll Employment, Nonfarm - An estimate of all persons who worked
full- or part-time or received pay from a nonagricultural employer for any
part of the pay period which included the 12th of the month. Because this
estimate comes from a survey of employers, persons who work for two different
companies would be counted twice. Therefore, nonfarm payroll employment
is really an estimate of the number of jobs, rather than the number of persons
employed. Persons may receive pay from a job if they are temporarily absent
due to illness, bad weather, vacation, or labor-management dispute. This
estimate is based on where the jobs are located, regardless of where the
workers reside, and is therefore sometimes referred to as employment "by
place of work". Nonfarm payroll employment information is collected and
compiled based on the Employment Department’s Current Employment Statistics
(CES) survey, and was formerly referred to as nonagricultural wage and salary
employment.
See also
- Total Employment.
Per Capita Personal Income (PCPI) - The total amount of income
earned in a geographic region divided by the population in that region.
Personal Income - An estimate of total gross income that an individual
receives from wages, proprietor's income, rents, dividends, interest payments,
and transfer payments.
Poverty Level - The poverty level is a determined by the United
States Housing and Urban Development Department to estimate what it costs
to minimally feed, cloth, and provide shelter for families of different
sizes. The most common quoted family size is four, but the guidelines give
values for families from 1 to 8 persons. The guidelines also give a numeric
amount for each person over 8 in the family. Refers to an income level
below which the recipients are considered to be living in poverty. This
level is adjusted each year, and varies depending on the number of members
in each household. The U.S. Census Bureau measures the poverty level.
Producer Price Index (PPI) - Indexes that measure the average change
in the selling prices received by domestic producers of goods and services
over time. PPI's measure price changes from the perspective of the seller. | |
