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All News Ai GeoIntel Agriculture Weather Demographics Education, Tech Energy Health Industrial Activity Employment Finance, Economy Politics Trade Environment
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2021-01-05 Data Update 2021-01-07
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Date Published

News Sentiment

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News Dependency Wheel

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    Statistics and facts on Labor Statistics

    Product manufacturing is classified as more or less labor-intensive, and labor availability is crucial for the manufacturing industry Labor Market stimulates all economic activity in the organized and unorganized sector Many companies have their overseas operation because of cheap labor costs

    Labor welfare is important for the good health of the labor sector The government and policymakers prioritize creating jobs and labor laws to prevent labor exploitations, bring social security and good quality of working and living

    Our labor statistics predominantly dealt with the labor market The labor forces key indicators are working-age population, employment to population ratio, labor force participation, employment rate, and unemployment rate Working condition indicators are minimum wage, monthly or hourly wage, working time, minimum desirable number of work hours, insurance, employee provident funds, health and work accident and death that occurred in the working area, and many more

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