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.

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heavy industry Leontief Paradox light industry			Company specializes in testing and related services that are not labor intensive and fulfill the laws mandated by the Federal, State & County to be inspected, certified, & repaired yearly Business For Sale; 87 -- Engineering, Accounting & Surveying ... by Businesses for Sale: FirstList Summary: Tunisia's industry minister said on Friday the industrial sector, the most labor intensive one in the country, is expected to be hit by the world downturn in 2009, and called on local firms to reform structures and enhance productivity. Tunisia's industry to suffer from global downturn in 2009 by UMCI News (Potomac Falls, VA) It's a stubborn, labor intensive fire," said District Chief Frank D. REGIONAL DIGEST by Telegram & Gazette (Worcester, MA)			Kuroi Kiri Kurtosis Kurus Kuwait Fund for Arab Economic Development Kuwait Inter Bank Offered Rate Kuwaiti Dinar KW Kwacha Kwade trouw KWD KY Kyat KYD Kyrgyz Som KZ KZT L L-Curve L.A. L.C. L/V LA Laari Labor Force Labor Hoarding Labor Intensive Labor Piracy Labor Relations laches Ladder Strategy Laddering Laddering a Stock Lady Godiva Accounting Principles Lady Macbeth Strategy Lady of the House Laffer Curve Lag Lag Response of Prepayments Laggard Industry Lagging Lagging Economic Indicator Lagging Indicator Lagging Indicators Lagting Laid Away Laisse-faire Laissez Passer Laissez-Faire Laissez-Faire Leadership LAJ LAK			labor for labor for labor force labor force labor force labor force labor force Labor Force Participation Labor force participation rate Labor force participation rate Labor force participation rate labor forces Labor für Kuenstliche Intelligenz Labor Für Künstliche Intelligenz labor grade Labor Guarantees and Compensations Labor Hoarding Labor Hour Account Tool Labor Immigrant Organizing Network labor in vain labor induction labor induction labor induction labor induction Labor Industrial Relations Advisory Group Labor Input Labor Institute of Public Affairs Labor Intense Labor intensity Labor intensity Labor Intensive Labor Intensive Public Works Labor law Labor law Labor law Labor Law Review Committee Labor laws Labor laws labor leader labor leader labor leader Labor Legislation Labor Licensing Policy Committee Labor Management Advisory Group Labor Management Agreement Labor Management Cooperation Committee Labor Management Cooperation Initiative Labor Management Cooperative Trust Labor Management Fund Advisors Labor Management Office Labor Management Partnership Labor Management Partnership Team Labor Management Relations Act Labor Management Reporting and Disclosure Act Labor Management Reporting and Disclosure Act Labor Management Reporting and Disclosure Act Labor Management Team labor market labor market labor market Labor Market Advisory Council

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