labor:

... the factor of production as a measure of work done by people (human production); Labor may be referred to as human capital but that term applies to skills rather than actual work. The meaning of the word includes both active and inactive workers, with the latter referring to those who are available to work, in terms of labor-related definitions (below). Classical economics recognizes labor, land and capital as factors of productionthis glossary's definition of human resources offers additional information related to labor. As one of four informational elements that the typical economic development prospect wants addressed in a location package, labor is lumped in with demographics for the sake of simplicity in An Introduction to the Enterprise Development Process..

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