This error may result from missing Registry setting for labor.  

Edit the Registry by clicking on Start, Run and type REGEDIT and click OK.

• Expand HKEY_CURRENT_USER
• Expand SOFTWARE
• Expand VB and VBA Program Settings
• In the right window pane, right click in the open area and click New, String value
• Change the name to Laborcode
• Right click on Modify and change the value to the prefix your company uses for resources
• Click OK and close the Registry

See also 76 path not found.