Labour (economics) Wikipedia open wikipedia design. For similar terms, see Labour. Labour is work done by people. Labour is one of three factors of production. The other two factors are land and capital. Labour is also known as human capital (the skills that workers possess, not necessarily their actual work). Related pages[change | change source] Wage -paying someone for labour. This short article can be made longer. You can help Wikipedia by adding to it. This page is based on a Wikipedia article written by contributors (read/edit).Text is available under the CC BY-SA 4.0 license; additional terms may apply. Images, videos and audio are available under their respective licenses.