Labor Intensive


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Labor Intensive

Describing an industry or sector in which it is difficult to produce a good or service without a large amount of labor. Labor intensive industries require either a large number of employees or a large number of hours worked by employees, or both, in order to be successful. Labor intensity may be quantified by taking a ratio of the cost of labor (i.e. wages and salaries) as a proportion of the total capital cost of producing the good or service. The higher the ratio, the higher the labor intensity. Labor intensive industries may control costs in bad economies by laying off workers. Examples of labor intensive industries include agriculture, mining, and hospitality.
References in periodicals archive ?
These companies have been classified on the basis of capital/labor ratio used by Edward (2001), [thereby consisting of capital, intermediate capital intensive, labor, ultra labor intensive industries).
In Labor Intensive Industry, textiles constituted highest share in 1991-92, 1999-00 and 2007-08(14.
The more labor intensive the process, like hand carving, the greater the advantage is to import, Burgette said.
By enhancing our IVS solutions with PowerLine Vision System technology, we provide a distinct advantage over other hard-wired rearview systems which require labor intensive installations and expensive on-going maintenance.
The process was labor intensive and susceptible to error.
Parametric studies are labor intensive and subject to errors.
As physicians and insurers across the nation struggle to create efficiencies in healthcare, 12 of the largest and most innovative payers throughout the Northeast including Highmark Blue Cross Blue Shield, Health Net, Blue Cross of Northeastern Pennsylvania, Independence Blue Cross, Gateway Health Plan and Medco Health are attempting to streamline the labor intensive, back-office business functions for their physician and hospital partners, creating a model of efficiency and achieving a standard in real-time payer-provider connectivity that was once only prophesied by leading healthcare industry pundits.
Conventional purification methods are time consuming and labor intensive, requiring centrifugation and mechanical steps for cell harvest and lysis prior to purification.
Waruk added, "Versata has allowed us to transform a labor intensive process into an instantaneous interaction with our customers.
Benefits eXpert can help to reduce the time it takes to perform administrative tasks by as much as 60% (IOMA report) by automating a traditionally labor intensive process and increasing employee communications via the Internet.
ASPs are in a unique position to leverage Group Policy to their advantage, but managing Group Policy can be very labor intensive with no native way to automate," said Richard Farrell, CEO of FullArmor.
Its EPN technology streamlines an industry that is highly fragmented and whose operating practices are often labor intensive and inefficient.