MLchartDataset catalogue

Labor composition

Term · Economic statistics · MLC-T-ECS-001028

Age, education, and sex distribution of the workforce as a proxy for the skill of the workforce.

Note: In constructing total factor productivity, labor composition is used to adjust labor hours for changes in the composition of the labor force.

Table 1. Record
IdentifierMLC-T-ECS-001028
FieldEconomic statistics
ReferencesBLS Glossary
Record as JSON 
{
  "id": "MLC-T-ECS-001028",
  "term": "Labor composition",
  "field": "Economic statistics",
  "definition": "Age, education, and sex distribution of the workforce as a proxy for the skill of the workforce.\n\nNote: In constructing total factor productivity, labor composition is used to adjust labor hours for changes in the composition of the labor force.",
  "references": [
    "BLS Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/labor-composition/"
}

Record 1,010 of 2,141 in Economic statistics terminology (MLC-0116). Request the full dataset.