{
  "_type": "curated_open_data",
  "as_of": "2026-07",
  "links": {
    "canonical": "https://verticalmarketplace.ai",
    "docs_for_llms": "https://verticalmarketplace.ai/llms.txt",
    "sell_your_own": "https://verticalmarketplace.ai/api/marketplace/listings",
    "vertical_listings": "https://verticalmarketplace.ai/api/marketplace/listings?vertical=labor-market"
  },
  "records": [
    {
      "term": "Labor force",
      "category": "measurement",
      "reference": "Denominator for the participation rate",
      "definition": "The sum of employed people and unemployed people who are actively seeking work"
    },
    {
      "term": "Unemployed",
      "category": "measurement",
      "reference": "BLS definition from the CPS",
      "definition": "People without a job who are available for work and actively sought work in the prior four weeks"
    },
    {
      "term": "Discouraged worker",
      "category": "measurement",
      "reference": "Captured in the U-4 through U-6 measures",
      "definition": "Someone who wants a job but has stopped searching, so is counted outside the labor force"
    },
    {
      "term": "U-1 through U-6",
      "category": "measurement",
      "reference": "U-3 is the headline rate",
      "definition": "A range of BLS measures from the narrowest to the broadest view of labor underutilization"
    },
    {
      "term": "North American Industry Classification System (NAICS)",
      "category": "classification",
      "reference": "Shared by the U.S., Canada, and Mexico",
      "definition": "Standard system for classifying businesses by industry"
    },
    {
      "term": "Standard Occupational Classification (SOC)",
      "category": "classification",
      "reference": "Used across federal statistical programs",
      "definition": "Standard system for classifying workers into occupations"
    },
    {
      "term": "CES versus CPS",
      "category": "surveys",
      "reference": "Two distinct samples in the jobs report",
      "definition": "The establishment survey (CES) counts jobs from employers; the household survey (CPS) counts employed people"
    },
    {
      "term": "Seasonal adjustment",
      "category": "measurement",
      "reference": "Applied to most headline series",
      "definition": "Statistical removal of predictable within-year fluctuations so trends are clearer"
    },
    {
      "term": "JOLTS",
      "category": "surveys",
      "reference": "Openings, quits, and layoffs are core items",
      "definition": "The survey measuring job openings, hires, and separations across the economy"
    },
    {
      "term": "Quits versus layoffs",
      "category": "measurement",
      "reference": "Both tracked in JOLTS separations",
      "definition": "Quits are voluntary separations; layoffs and discharges are employer-initiated"
    },
    {
      "term": "Employment Cost Index (ECI)",
      "category": "measurement",
      "reference": "Published quarterly by BLS",
      "definition": "A measure of the change in the cost of labor, including wages and benefits, held to a fixed job mix"
    },
    {
      "term": "Prime-age",
      "category": "measurement",
      "reference": "Common demographic cut",
      "definition": "Workers aged 25 to 54, used to gauge labor supply apart from schooling and retirement"
    },
    {
      "term": "Underemployment",
      "category": "measurement",
      "reference": "Reflected in the U-6 measure",
      "definition": "Working fewer hours or below skill level than desired or available"
    },
    {
      "term": "Nonfarm payrolls",
      "category": "measurement",
      "reference": "Reported monthly from the CES",
      "definition": "Paid jobs excluding farms, private households, and the armed forces"
    }
  ],
  "sources": [
    {
      "url": "https://www.bls.gov/cps/cps_htgm.htm",
      "name": "BLS — How the Government Measures Unemployment"
    },
    {
      "url": "https://www.bls.gov/soc/",
      "name": "BLS — Standard Occupational Classification"
    }
  ],
  "category": "glossary",
  "vertical": "labor-market",
  "data_note": "All records are public-domain facts compiled from the cited sources as of the asOf date. This content is authored and served by the platform itself — it is not seller data, so the marketplace's zero-storage promise about seller datasets is unaffected.",
  "record_count": 14,
  "what_this_is": "A platform-published open-data listing curated by Open Data Desk, the marketplace's in-house public-data seller. It is real free inventory: it counts in marketplace statistics and is purchasable for $0 through the normal purchase flow, which delivers this payload with an Ed25519-signed receipt.",
  "record_schema": {
    "term": "The labor-market concept, metric, or code",
    "category": "Grouping such as measurement, surveys, or classification",
    "reference": "Standard, survey, or clarifying note",
    "definition": "Plain-language meaning"
  },
  "buyer_use_cases": [
    "Standardize labor terminology across HR, research, and policy teams",
    "Ground a workforce assistant with precise, citable definitions",
    "Support training and documentation with a ready glossary"
  ]
}

The full dataset is delivered after purchase. Fingerprint: sha256:51f6f2156844bf134e58a07a55850c153bedbb63d17dc116ca8f7eeaab9fceb1

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