Unskilled Labor
Definition of 'Unskilled Labor'A segment of the work force associated with a low skill level or a limited economic value for the work performed (human capital). Unskilled labor is generally characterized by low education levels and small wages. Work that requires no specific education or experience is often available to workers who fall into the unskilled labor force. |
|
Investopedia explains 'Unskilled Labor'Unskilled labor provides a significant part of the overall labor market, performing daily production tasks that do not depend on technical abilities or skills. Menial or repetitive tasks are typical unskilled labor positions. Jobs that can be fully learned in less than 30 days often fall into the unskilled labor category. |
Related Definitions
Articles Of Interest
-
Sell Your Skills, Not Your Degree
If you want to switch careers, you may not have to go back to school to do it. -
Compensation Myths: Burger Flipper Vs. Investment Banker
Though these two jobs are perceived as being opposites, the compensation can be quite comparable. -
What You Need To Know About The Employment Report
This widely watched indicator of economic well-being also directly influences the market. -
The Economics Of Labor Mobility
Loosening labor restrictions has both good and bad effects for a country and its workers. -
Quants: The Rocket Scientists Of Wall Street
Blend math, finance and computer skills to command a high - and well deserved - salary. -
Post-Grad Degrees That Pay The Highest
A post-graduate degree could be well worth the extra time and expense. -
The Highest Paying Jobs In 2013
With the U.S. economy experiencing mixed fortunes, this article looks at the highest-paying jobs for 2013 and how job-seekers can capitalize. -
Top-Paying Contract Positions
A number of contract positions pay more than their salaried counterparts. -
3 Jobs Few People Want
Despite the unemployment rates in the U.S., few people want to do these jobs. -
College Degrees Of The 1%
Find out which college majors give you the best odds of joining the wealthiest percentile of Americans.
Free Annual Reports