Labor index means the average straight time hourly earnings of the Contractor's employees in the shop of the Contractor's plant (see Note 4) for any particular month.

Labor index means Employment Cost Index, Compensation, Private Industry, Services Industries, Not Seasonally Adjusted as published by the U.S. Department of Labor, Bureau of Labor Statistics.

Labor index. Aircraft Engines and Engine Parts," Standard Industrial Classification 3724--Average hourly earnings (hereinafter referred to as "HE SIC 3724"), published by the US Department of Labor, Bureau of Labor Statistics, in "Employment and Earnings," (Table B-15: Average hours and earnings of production or nonsupervisory workers on private nonfarm payrolls by detailed industry) or such other names that may be from time to time used for the publication title and/or table.

Examples of Labor index in a sentence

If the CPI-U index is no longer published by the US Department of Labor, the parties shall use the US Department of Labor index or report most closely approximating the CPI-U.
The underlying idea is that if at least one of these measurements does not agree with the indication of the others, this could deserve further investiga- tion.
If the CPI- U index is no longer published by the U.S. Department of Labor, the parties to this Lease, as well as any successors or assigns, shall use the U.S. Department of Labor index or report most closely approximating the CPI-U.
The Labor index average and the Materiel Index average shall be computed to the first decimal.
There is a strong positive correlation between the Entry and Contract indices, while the correla- tion of these two indices and the Labor index is lower.

More Definitions of Labor index

Labor index means the average straight time hourly earnings of the Contractor's employees in the

Labor index. “Employment Cost Index for Workers in Aerospace manufacturing” hereinafter referred to as “ECI336411W”, quarterly published by the US Department of Labor, Bureau of Labor Statistics, in “NEWS”, and found in Table 9, “WAGES and SALARIES (not seasonally adjusted): Employment Cost Indexes for Wages and Salaries for private industry workers by industry and occupational group”, or such other name that may be from time to time used for the publication title and/or table, (Aircraft manufacturing, NAICS Code 336411, base month and year December 2005 = 100). The quarterly value released for a certain month (March, June, September and December) shall be the one deemed to apply for the two preceding months. Index code for access on the Web site of the US Bureau of Labor Statistics: CIU2023211000000I.

Labor index means [insert appropriate regional labor cost index].

Labor index. Employment Cost Index for workers in Aerospace manufacturing", aircraft manufacturing, Standard Industrial Classification SIC 3721--wages and salaries (hereinafter referred to as "ECI SIC 3721W"), as released by the US Department of Labor, Bureau of Labor and Statistics, on a quarterly basis. The quarterly value released for a certain month (March, June, September or December) will be the one deemed to apply for the two preceding months.

Labor index means the "Average Hourly Earnings of Production Workers, Turbine and turbine generator set units, Series Id CEU3133361106" as published by the Bureau of Labor Statistics, United States Department of Labor, rounded to the nearest hundredth.

Labor index has the meaning given to it in Part A (Definitions) of Attachment 11 (Service Payments).