encyclopedia

LABOR GROUP

Group to which the job classification belongs (i.e., Non-Contract, UTU, ATU, TCU, TPOA, or Teamsters).

LABOR TURNOVER

The movement of workers into and out of employment in a company or industry through hiring, layoff, recall, resignations, and so on. The rate of labor turnover is usually expressed as the number of accessions and separations during a given…

LABOR-HOUR CONTRACT

A contract that is a variant of the time-and-materials type contract differing only in that materials are not supplied by the contractor.