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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
OECD Statistics. French Equivalent: Co t unitaire de la main-d oeuvre Definition: Unit labour costs (ULC) measure the average cost of labour per unit of output and are calculated as the ratio of total labour costs to real output.Context: In broad terms, unit labour costs show how much output an economy receives relative to wages, or labour cost per unit of output.nit labour costs (ULC) measure the average cost of labour per unit of output and are calculated as the ratio of total labour costs to real output. Context: