''This article is about human resources, as it applies to business, labor, and economies. For information about the French film Human Resources see Ressources humaines
Human resources has at least two meanings depending on context. The original usage derives from political economy and economics, where it was traditionally called labor, one of three factors of production. The more common usage within corporations and businesses refers to the individuals within the firm, and to the portion of the firm's organization that deals with hiring, firing, training, and other personnel issues. This article will address both definitions.
Human resources in political economy and social sciences
Modern analysis emphasizes that human beings are not predictable commodity "resources" with definitions totally controlled by contract, but are creative and social beings that make contributions beyond "labor" to a society and to civilization. The broad term human capital has evolved to contain the complexity of this term, and in macro-economics the term "firm-specific human capital" has evolved to represent the original meaning of term "human resources".
More on [ Human resources ]
Persimmon posts sharp profit fall Thu, 21 Aug 2008 06:29:59 -0000 UK housebuilder Persimmon reports a sharp drop in half-year profits as it struggles to deal with the housing market downturn. BAE in £2bn MoD ammunition deal Wed, 20 Aug 2008 23:02:00 -0000 BAE Systems signs a 15-year deal with the Ministry of Defence to supply ammunition for UK armed forces. Fannie Mae and Freddie Mac slump Wed, 20 Aug 2008 20:38:17 -0000 Shares in US mortgage finance giants Fannie Mae and Freddie Mac plunge again amid new talk of a government bail-out.