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labor union labor unions plural a labor union is an organization that represents the rights and interests of workers to their employers for example in order to improve working conditions or wages am n count in brit use trade union
Output per hour of all personsâlabor productivityâis the most commonly used productivity measure. Labor is an easily-identified input to virtually every production process. In the U.S. nonfarm business sector, labor cost represents more than sixty percent of the value of output produced.Output per hour in the nonfarm business sector is the productivity statistic most often cited by the press.n the U.S. nonfarm business sector, labor cost represents more than sixty percent of the value of output produced. Output per hour in the nonfarm business sector is the productivity statistic most often cited by the press.