Division of labor refers to the separation of the workforce into distinct categories of labor and assigning specific tasks required to produce a product to different workers. This concept is integral to increasing efficiency and productivity in various industries.
A guest worker, also known as a foreign worker, is a person who legally enters a nation to fill a temporary labor shortage and is often employed in sectors such as agriculture, construction, and service industries.
Labor refers to the exertion of physical or mental effort for work, often performed for remuneration. It encompasses a broad group of individuals engaged in various occupational functions within organizations.
The labor force encompasses individuals over 16 years of age who are either employed or actively seeking employment, as measured by the U.S. Bureau of Labor Statistics.
A labor pool refers to a source of trained personnel from which prospective workers are recruited.
Personnel refers to the people who actually compose an organization's workforce. In other words, it is synonymous with Human Resources (HR) and entails the management and development of employees within an organization.
The Salariat refers to the working class, encompassing those individuals who engage in employment or labor to earn a wage or salary.
Skill obsolescence refers to the state where certain trade, occupation, or skill becomes outdated or redundant because of technological advancements or automation.
A swing shift is a work shift in industry that typically runs from the mid-afternoon until midnight or until the midnight shift.
The unemployed labor force consists of the portion of the population that is not employed but is willing and able to work and is actively seeking employment.
Unemployment is the state of being without paid work, though willing and able to work and actively seeking work. It also refers to the proportion of the labor force that is without paid work.
Describing an individual having no formal skills, training, or education. Unskilled workers are the least employable and most easily replaced through automation.
