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In macroeconomics, the labor force is the sum of those either working (i.e., the employed) or looking for work (i.e., the unemployed): Those neither working in the marketplace nor looking for work are out of the labor force. [1]
The Defense Acquisition Workforce Improvement Act ( DAWIA) was initially enacted by Public Law 101-510 on November 5, 1990. [1] It requires the Department of Defense to establish education and training standards, requirements, and courses for the civilian and military workforce. The DAWIA has been subsequently modified by amendments to the USC ...
Overall labor effectiveness ( OLE) is a key performance indicator (KPI) that measures the utilization, performance, and quality of the workforce and its impact on productivity. Similar to overall equipment effectiveness (OEE), OLE measures availability, performance, and quality. Availability – the percentage of time employees spend making ...