unlimited liabilityMay 28, 2024upstreamMay 28, 2024 Show all Published by admin at May 28, 2024 Categories Tags Factor payments for the services that labor provides. Wages are hourly-based payments while salaries cover a longer time period such as a week. Related Articles: How Do U.S. Jobs Markets Compare to Other Countries?Why Job Switchers Love Labor MarketsShould We Worry About Robots?Glossary: factor marketGlossary: national income (NI) Share admin