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A labor market survey is a tool generally used by insurance companies to reduce or eliminate entitlement to benefits in workers' compensation claims. For example, under the Defense Base Act, which covers contractors injured on U.S. defense bases overseas, an injured worker (IW) who cannot return to his or her regular job is entitled to total disability benefits unless it can be shown that suitable work is available within the injured worker's medical restrictions. Insurers do this by hiring a vocational rehabilitation expert who should interview the IW, review the medical records, determine the limitations, perform a transferable skills analysis and research and identify certain jobs available in the IW's commuting area. For more information, please see The Defense Base Act Blog or chestnutlegal.com( http://defensebaseactblog.com/tag/labor-market-survey/). Herbert J. Chestnut
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What is the BLS survey?
The BLS survey, conducted by the Bureau of Labor Statistics, is a monthly survey that gathers data on employment, unemployment, and other labor market indicators in the United States. It provides valuable information for policymakers, researchers, and businesses to understand trends in the labor market.
What action is included in the BLS survey?
The BLS survey, or the Current Population Survey (CPS), gathers data on employment status, unemployment rates, labor force participation, and other labor market indicators from a nationally representative sample of households in the United States. It involves asking individuals about their work and job-seeking activities to assess the health of the labor market.
How does the bureau of labor statistics determine how the market basket should change over time?
by conducting a Consumer Expenditure survey
How does the bureau of labor statistics determine how the market basket should change oer time?
by conducting a consumer expenditure survey
How does the bureau of the labor statistics determine how the market basket should change over time?
by conducting a Consumer Expenditure survey
Which organizational is least valuable in determining who should participate in a pay survey?
including the organization recognized as the lowest payer in the labor market area
What is an example of a factor market?
Labor Market
How did World War 2 help racial minorities in the labor market?
Which labor market?
What is the difference between conducting market survey and market observation?
Market survey can be done using different techniques such as preparing questionnaires,direct contact with customers whereas in market observation the needs and wants of the customers are simply done by observing as to what they buy or what do they prefer
What best explains why the law of supply and demand has an effect on labor market?
In the law of supply and demand the effect on the Labor Market is that labor is a commodity.Labor is a commodity
What Are the Benefits of Labor Market Analytics?
To be competence and prepare to establish appropriate labor market for various type of position...
Explain where the internal labor market can influence the work conditions in the internal labor market?
because bob said so
