Hoax 7 : The palm oil industry employs few workers.
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Is palm oil industry employs few workers ?
The palm oil industry, especially oil palm plantations, is a relatively labor-intensive industry and is not capital intensive. Therefore, any increase in palm oil production is only possible if labor utilization is increased.
In general, the number of workers employed in the palm oil industry has increased year by year from 2.1 million in 2000 to 8.2 million in 2016 (see the figure below). This shows that the palm oil industry is labor intensive and needs a lot of manpower.