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 ?
The Head of the Social Development department of the Social Fund for Development (SFD) Medhat Ismail on Thursday has announced that the SFD has tapped the Emergency Labour Intensive Investment Project to secure $90m in funding.
18bn worth of numerous agreements with various governorates in order to take advantage of the Emergency Labour Intensive Investment Project.
These roads are built using labour intensive methods.
My Foundation trains them for bartending and other labour intensive projects.
New Delhi, Mar 10 (ANI): The Central Government has revised its foreign trade policy to increase exports in labour intensive engineering goods.
Replying to a question in the Rajya Sabha, Union Minister of State for Commerce and Industry Jyotiraditya Scindia, said the Centre has announced incentives for labour intensive engineering goods under the reward and incentive schemes in the Foreign Trade Policy (FTP) 2009-14.
Export of labour intensive engineering goods to 110 countries notified under Focus Market Scheme under FTP is eligible for incentive in the form of Duty Credit Scrip at three percent of FOB value of exports, Scindia said.
Nick Bishop, VP sales and marketing at Bradman Lake, said: "Undoubtedly its biggest benefit is cost reduction in a traditionally very labour intensive area.
The Development of Labour Intensive Industry in ASEAN Countries.
Finally, we are able to consolidate our labour intensive operations, formerly conducted in several locations, to the Czech Republic, lowering our overall costs of doing business.
Now we have produced a new technology for multimedia development; one that dramatically transforms what was traditionally a labour intensive craft into an efficient automated mass production and delivery process, a system that reduces both time and cost of developing and managing the entire life cycle of multimedia by 25 to 90 percent.