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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 amount of employees or a large amount 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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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DVD and CD duplication is less labor intensive with these automated towers that hold 100 and 1,000 discs, respectively. The most labor intensive area of the foundry is the Cleaning Room. is developing machinery to reduce workload in labor intensive areas and replace humans in difficult or dangerous situations--namely, an aircraft carrier's flight deck. |
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