Examlex
The legal enforceability of an arbitrator's decision when a contract includes a binding arbitration clause was established by a series of Supreme Court cases known as the Beck doctrine.
Unemployment Rate
The portion of the labor sector that remains unemployed and is actively job hunting.
Department Of Labor
A governmental department responsible for enforcing labor laws and ensuring safe and fair working conditions for employees.
CPI
Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to assess price changes associated with the cost of living.
GDP Deflator
A price index used to measure price changes in the items that go into GDP.
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