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Online Labour Index. The Online Labour Index ( OLI) is an economic indicator measuring the activity of the global online gig-economy. [1] It was created and is administered by the researchers Otto Kässi, Vili Lehdonvirta, and Fabian Stephany, at the Oxford Internet Institute, University of Oxford. [2]
Labour economics, or labor economics, seeks to understand the functioning and dynamics of the markets for wage labour. Labour is a commodity that is supplied by labourers, usually in exchange for a wage paid by demanding firms. [1] [2] Because these labourers exist as parts of a social, institutional, or political system, labour economics must ...
The utilized amounts of the various inputs determine the quantity of output according to the relationship called the production function. There are four basic resources or factors of production: land, labour, capital and entrepreneur (or enterprise). [1] The factors are also frequently labeled " producer goods or services " to distinguish them ...
Nigeria's main labour unions on Friday said they had declared an indefinite strike from Monday over the minimum wage. The Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) - two of ...
Keir Starmer's proposals for a publicly-owned company called Great British Energy to invest in clean and renewable energy are a central plank of Labour’s plans to almost entirely remove fossil ...
Wage labour (also wage labor in American English ), usually referred to as paid work, paid employment, or paid labour, refers to the socioeconomic relationship between a worker and an employer in which the worker sells their labour power under a formal or informal employment contract. [1] These transactions usually occur in a labour market ...
Since the beginning of the twentieth century, every developed country has created a public employment agency as a way to combat unemployment and help people find work. In 1988, public employment services from six countries founded the World Association of Public Employment Services. As of 2016, 85 PES from all over the world have joined the ...
Universal basic services ( UBS) is an idea [1] of a form of social security in which all citizens or residents of a community, region, or country receive unconditional access to a range of free, basic, public services, funded by taxes and provided by a government or public institution. The basic services commonly include: [2] Further services ...
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