Examlex
In the context of materials management,the acronym JIT stands for:
Cyclical Unemployment
Unemployment that results from economic downturns or recessions, where there is insufficient demand for labor.
Bureau of Labor Statistics
A U.S. government agency that collects and analyses critical economic information, particularly employment and price statistics.
Minimum-Wage Laws
Regulations establishing the lowest hourly wage that employers can legally pay their workers, aimed at protecting low-income workers.
Teenage Unemployment
Refers to the unemployment rate among teenagers, indicating the proportion of the teenage workforce that is not currently employed but is actively seeking employment.
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