What is the meaning of the word "labor resources"?
These resources are essential for economic production and growth, influencing the overall efficiency and competitiveness of economies and organizations.
Definitions:
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Describes the workforce or labor force available to an economy or organization, including the skills, ability, and knowledge that workers bring to their jobs.
NOUN
- The country's economic growth is heavily dependent on its labor resources, which include a large and well-educated workforce.
- The country's economic growth is heavily dependent on its labor resources, which include a large and well-educated workforce.
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Refers to the human effort, both physical and mental, that is used in the production of goods and services. NOUN
- Labor resources are crucial for any business, as they determine the capacity to produce goods and deliver services efficiently.
- Labor resources are crucial for any business, as they determine the capacity to produce goods and deliver services efficiently.
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Resources of available manpower. NOUN
- The company invested in training programs to improve the labor resources available.
- The company invested in training programs to improve the labor resources available.