labor productivity
21Social productivity — The term social is derived from the Latin word socius , which as a noun means an associate, ally, companion, business partner or comrade . The adjectival form socialis refers to a bond between people (such as marriage) or to their collective or… …
22Division of international labor comparisons — International Labor Comparisons BLS logo Abbreviation ILC Formation 1961 Type …
23Marginal product of labor — In economics, the marginal product of labor also known as MPL or MPN is the change in output from hiring one additional unit of labor. It is the increase in output added by the last unit of labor.[1] Ceteris paribus that no other inputs to… …
24Multifactor productivity — (MFP) measures the changes in output per unit of combined inputs. In the United States, Indices of MFP are produced for the private business, private nonfarm business, and manufacturing sectors of the economy. MFP is also developed for 2 and 3… …
25Agricultural productivity — Food production per capita (1961 2005) …
26Marginal revenue productivity theory of wages — The marginal revenue productivity theory of wages, also referred to as the marginal revenue product of labor and the value of the marginal product or VMPL, is the change in total revenue earned by a firm that results from employing one more unit… …
27Overall Labor Effectiveness — (OLE) is a key performance indicator (KPI) that measures the utilization, performance, and quality of the workforce and its impact on productivity. Similar to Overall Equipment Effectiveness (OEE), OLE measures availability, performance, and… …
28Secondary labor market — The secondary labor market is the labor market consisting of high turnover, low pay, and usually part time and/or temporary jobs. Sometimes, secondary jobs are performed by high school or college students. The majority of service sector, light… …
29Total factor productivity — (TFP) addresses any effects in total output not caused by inputs or economies of scale. For example, a year with unusually good weather will tend to have higher output, because bad weather hinders agricultural output. A variable like weather does …
30Fan labor — Definition= Fan labor is a term used to refer to the productive creative activities engaged in by fans, primarily those of various media properties or musical groups [http://cms.mit.edu/news/2007/12/futures of entertainment 2 fan.php,… …
