Business Dictionary :
Labour



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Labour : (US) labor : noun : heavy work


Manual Labor = work done by hand

  • To charge for materials and labor = to charge for both the materials used in a job and also the hours of work involved

    • Labor Costs = cost of the workers employed to make a product (not including materials or overheads)


    Labor Charges = cost of the workers employed to make a product (not including materials or overheads)


    Indirect Labor Costs = cost of wags of workers who are not directly involved in making the product (such as secretaries and cleaners)
  • Labor is charged at $20 an hour. = Each hour of work costs $20.

    • Labour : (US) labor : noun : workers or the workforce


    Casual Labor = workers who are hired for a short period


    Cheap Labor = workers who do not earn much money


    Local Labor = workers recruited near a factory, not brought in from somewhere else


    Organized Labor = workers who are members of trade unions


    Skilled Labor = workers who have special knowledge or qualifications


    Labor Force = all workers
  • The management has made an increased offer to the labor force.

  • We are setting up a factory in the Far East because of the cheap labor force available.

    • Labor Market = number of workers who are available for work
  • 25,000 young people have left school and have come on to the labor market.

  • 25,000 people have left school and become available for work as labors.

    • Labor Shortage = situation where there are not enough workers to fill jobs


    Shortage of Labor = situation where there are not enough workers to fill jobs


    Labor-Intensive Industry = industry which needs large numbers of workers or where labor costs are high in relation to turnover


    Labor Disputes = arguments between management and workers


    Labor Laws = laws relating to the employment of workers


    Labor Legislation = laws relating to the employment of workers


    Labor Relations = relations between management and workers


    Labor Union = organization which represents workers who are its members in discussions about wages and conditions of work with management


    International Labor Organization = Section of the United Nations which tries to improve working conditions and workers' pay in member countries


    NOTE : no plural


    Laborer : noun : person who does heavy work


    Agricultural Laborer = person who does heavy work on a farm


    Casual Laborer = worker who can be hired for a short period


    Manual Laborer = person who does heavy work with his hands


    Labor-Saving : adjective : something which saves you doing hard work
  • Washing-Machine is a labor-saving device.

    • QUOTE : The possibility that British goods will price themselves back into world markets is doubtful as long as sterling labor costs continue to rise faster than in competitor countries.
    (Sunday Times)


    QUOTE : 70 per cent of Australia’s labor force is employed in service activity.
    (Australian Financial Review)


    QUOTE : European economists are being held back by rigid labor markets and wage structures.
    (Duns Business Month)







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