Examlex
A union security clause in a labor-management agreement stipulates that employees who benefit from a union must either officially join or at least pay dues to the union.
Minimum-Wage
The lowest legal hourly payment for workers, set by law or contract, aimed at ensuring a minimum standard of living for employees.
Union Membership
Affiliation with a labor union, an organization that represents workers in negotiations with employers over wages, benefits, and working conditions.
Public Sector
The part of the economy composed of both public services and public enterprises, owned and operated by the government.
Information Economy
A system where information is the primary commodity and the main driver of economic activity, influencing how goods and services are generated, exchanged, and valued.
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