Statistical Terms Glossary

Workable competition is a notion which arises from the observation that since perfect competition does not exist, theories based on it do not provide reliable guides for competition policy.

Educational activities which take place in a work environment, usually in the context of vocational education programmes. The aim is to achieve specific learning objectives through practical instruction and participation in work activities under the guidance of experienced workers or trainers.

Time spent by employed person in his/her main occupation. Measured by two ways: Normal hours work and Actually worked hours.

The term workers, covers all employed persons, including public employees.

Workers not classifiable by status include those for whom insufficient relevant information is available, and/or who cannot be included in any of the other categories.

Workers with family responsibilities are women and men workers with responsibilities in relation to their dependent children, or other members of their immediate family, who clearly need their care or support, where such responsibilities restrict their possibilities of preparing for, entering, participating in or advancing in an economic activity (or economic activities).

It is a return on Labor including wages, cash and in-kind benefits paid to all employees for services they provide.

It comprises of: workers directly involved in a lockout are those employees of the establishments involved who were directly concerned by the labour dispute and who were prevented from working by the lockout; and workers indirectly involved in a lockout are those employees of the establishments involved who were not directly concerned by the labour dispute but who were prevented from working by the lockout.

It comprises of: workers directly involved in a strike are those who participated directly by stopping work; and workers indirectly involved in a strike are those employees of the establishments involved, or self-employed workers in the group involved, who did not participate directly by stopping work but who were prevented from working because of the strike.

It comprises of: workers directly involved in other action are those who participated directly in the action; and workers indirectly involved in other action are those employees of the establishments involved or self-employed workers in the groups involved who did not participate directly in the action but who were unable to perform their work in the usual manner or prevented from working as a result of it.

Motherhood and the gender division of labour that places primary responsibility for maintaining the home and family on women are important determinants of gender inequality as well as inequality among women in the world of work. Conflict between family responsibilities and the demands of work contributes significantly to women’s disadvantage in the labour market and the sluggish progress towards equal opportunity and treatment for women and men in employment.
While women are forced, or choose, to accept poorly-paid, insecure, part-time, home-based, or informal work to combine their family responsibilities with their paid employment, difficulties in reconciling the demands of work and family contribute to men’s disadvantage in the family and limit their ability to be involved in family matters. Workplace schedules that do not take into account workers’ family responsibilities can constitute indirect discrimination in that they force such workers to “under-perform” in terms of participation in workplace activities and thus potentially damage their career development prospects. In particular, women’s career advancement may suffer when they take a “career break” longer than the statutory maternity leave for the purposes of family care or take up parental leave provisions immediately after maternity leave.

According to its terms of reference, the WPIIS monitors, supervises, direct and co-ordinates the statistical work and contributes to the development of indicators and quantitative analyses needed to meet the requirements of the OECD's Committee for Information, Computer and Communications Policy (ICCP). The WPIIS:
•Ensures the continued improvement of the methodology for the collection of internationally comparable data for measuring the supply and demand for, and impacts of, ICTs
•Compiles ICT statistics and assists in developing and interpreting statistical indicators which aid formulation of ICT and related policies, and monitoring progress.

Are defined as the proportion of employed persons living below the poverty line.

Cash working expenses divided by operating revenues, expressed as a percentage.

Working time in school refers to the working time teachers are supposed to be at school including teaching time and non-teaching time.

See current ratio.

Comprise different elements: normal and maximum number of hours per working day or week; overtime provisions; rest periods; the distribution of working-time during the day, week or year and the associated flexible time arrangements. These elements are regarded as a fundamental dimension of international labour standards.

Consists of output produced by an enterprise that is not yet sufficiently processed to be in a state in which it is normally supplied to other institutional units.

See inventories of work-in-progress on cultivated assets

See Inventories of work-in-progress

Work–life balance necessitates adjusting working patterns in ways which allow people to combine work with their other responsibilities or aspirations.

See debt workout.

Arrangements between borrowers and debtors (usually at international level) to extend repayment schedules and provide new credit at reduced interest rates.

The term workplace covers all places where workers need to be or to go by reason of their work and which are under the direct or indirect control of the employer.

Is an international financial institution that provides leveraged loans[2] to developing countries for capital programs. The World Bank has a stated goal of reducing poverty. The World Bank differs from the World Bank Group, in that the World Bank comprises only two institutions: International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA). Whereas the latter incorporates these two in addition to three more:[3] International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA), and International Centre for Settlement of Investment Disputes (ICSID).

A computer-based system set up in 1974 which collects and verifies data on foreign and international al bond issues and Eurocurrency credits from 1972 to the present.

Is the Bank Group’s principal provider of learning activities. It has delivered training courses and seminars since the 1950s, mostly for government officials in developing countries on such topics as macroeconomic policy, poverty reduction, health, education, and policy reform in other economic sectors.