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QUARTERLY BUSINESS REVIEW

  • Consists of those who work primarily with their hands.
  • Generally lack training/skills required for other tasks.
  • Workers generally have the least amount of capital invested in them; they usually receive the lowest wages.

Unskilled Labor

  • Workers in this category have enough mechanical abilities/skills to operate machinery.
  • They can operate basic equipment like floor polishers, dishwashers, etc.
  • Make an increased wage compared to those of unskilled labor.

Semiskilled Labor

  • Includes workers who can operate complex equipment.
  • They can perform their tasks with minimal supervision.
  • They will receive increased human capital, especially in areas like training and education; this means a higher wage for their work.

Skilled Labor

  • Individuals with highest level of knowledge-based education and managerial skills.
  • These people have usually invested the most in their careers which makes them the highest wage earners.

Professional Labor

Skilled Labor Examples

  • Nurse
  • Office Clerk
  • Travel Agent
  • Cashier
  • Grocery clerks
  • Cleaners and sweepers

Unskilled Labor

  • Bartender
  • Taxi Driver
  • Security Guard

Semiskilled Labor

  • Layers
  • Doctors
  • Scientists

Professional Labor

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