Factors of Production(Resource)

Source: Factors of Production(Resource)

Labour market part 2

The Four Categories of Labor1. Unskilled LaborConsits of those who work primarily with their hands.Generally lack training/skills required for other tasksWorkers generally have the least amount of capital invested in them; they usually receive the lowest wages.Unskilled Labor: ExamplesDigging ditchesPicking FruitMopping floors2. Semiskilled LaborWorkers 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: ExamplesElectric floor polisherDishwasherLawnmower3. Skilled Labor

Source: Labour market part 2