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 ?
'Regarding the labour-intensive industries, I feel it is possible more Chinese companies will ask to come here [and set up businesses] due to the trade war, Ong said.
The growth target seems unachievable owing to mounting external sector pressures, but more employment can be created by shifting some focus to labour-intensive businesses.
Labour-intensive techniques, by contrast, may increase employment, but may have a limited effect on increasing output.
The UAE plans to build 50,000 new housing units in the next period, besides its involvement in a number of labour-intensive housing and real estate projects, according to Salman.
Upon the contracts, the Japanese government and the United Nations Development Programme (UNDP) will provide EGP 25.5 million finances for labour-intensive infrastructure projects in Aswan, Beheira, Giza and New Valley.
Such rates must be "targeted on labour-intensive activities in a competitive fashion and for which the final consumer tends to fulfil himself or use the underground economy," it continues.
Earlier in December, the European Union (EU) contributed a grant of e1/4 70m towards financing SFD's Emergency Labour-Intensive Investment Project.
The European Commission has drawn up a proposal that would allow member states to set a reduced rate of value-added tax (VAT) on certain labour-intensive or locally-provided services.
Although this logically led him to champion the ideal of efficient industrialized modular construction, his own brief foray into the genre, a pair of Braithwaite houses on the LCC Watling Street Estate at Burnt Oak, was a labour-intensive failure, the building itself shortly being destroyed by a nearby flying bomb.
The programme, which is a partnership between the Gauteng Provincial Department of Roads (GPDRT) and Transport and the National Department of Public Works (NDPW), will see SMMEs and BEE contractors benefitting from labour-intensive technologies through training and mentorship.
In practical terms, the Austrian Presidency not surprisingly proposes rolling over Annex K of Directive 77/388/EEC (on reduced rates for labour-intensive services) until December 31, 2010, along with an obligation on the Commission and the Council Secretariat to present the necessary legislative provisions to legally establish this proposal if it were to be endorsed by EU Economic Affairs and Finance Ministers.
Beside the Saar river in Saarbrucken, an inner-city multimedia business centre has replaced former labour-intensive coal and steel industries.