labour

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labour

the human input to work activity. See JOB, CAPITAL.

labour

the contribution to productive activity made by the workforce both by hand (for example, the assembly of a car) and mentally (for example, devising a stock-control system). Labour is one of the three main FACTORS OF PRODUCTION, the others being NATURAL RESOURCES and CAPITAL. See alsoECONOMIC GROWTH, HUMAN CAPITAL.
References in periodicals archive ?
In the current mechanism, employers are not bound to attend the settlement meetings convened to resolve the labour dispute.
The minister reviewed with Sanad the procedures taken by the company to settle the labour dispute which led some workers to stop working, noting that the company has given them their full salaries.
She said most cases were resolved at the Labour Dispute Resolution Centre, many of which are related to failures to pay an annual bonus, domestic workers' complaints, compensation issues, doubts regarding the new labour law, non-payment of salaries and even issues connected to trade unions.
A labour dispute at the port of Baltimore is affecting the import of certain Mazda and Fiat vehicles into the United States.
However, the labour dispute with the Boroo Trade Union has been settled on June 16, 2009.
Kathmandu, Dec 13 (ANI): Top entrepreneurs of Nepal have lamented that increasing industrial insecurity and labour disputes have cast blight on the entire economic situation of the country.
This study aims to provide a better understanding of Chinese labour litigation system in order to facilitate assessing the effectiveness of the overall labour dispute resolution system in China's transitional economy.
They are the guys out of work and I am not going to put the people out of work because the buyer has a temporary labour dispute.
However the judgment went against Mikel, with the court advising his legal team the matter was a sporting rather than a labour dispute, and belonged in a court of sporting arbitration.
NORDIC BUSINESS REPORT-15 June 2005-Negotiations to end Finnish paper industry labour dispute break down - report(C)1994-2005 M2 COMMUNICATIONS LTD http://www.
Key issues in the labour dispute were wages and benefits.
A labour dispute that halted production for 18 days in November resulted in fourth quarter gold sales declining to 7,988 oz.