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Labor Costs

The Minimum Wage Isn't Just a Wage: It's a Standard

Jared Bernstein | Posted 07.17.2014 | Politics
Jared Bernstein

Arguments about minimum wages tend to be about two things: will it hurt its intended recipients and the businesses that employ them by raising labor costs, and is it well targeted?

Eleazar David Melendez

Employers Still Too Afraid To Hire | Eleazar David Melendez | Posted 06.05.2013 | Business

Never mind the talk of economic growth supposedly resuming and improving U.S. fortunes. In the country's boardrooms, the conversation remains fixed on...

Most Companies Don't Understand Labor Costs. Do You?

Chris DeRose | Posted 07.07.2013 | Business
Chris DeRose

We'd encourage business leaders to look a little harder at their labor costs to see where they can trim great waste and improve productivity before making a final judgment on what their companies can really afford.

High Quality Content On-Demand: E-Commerce Needs Rise, Design Workforce Adapts

Bryce Maddock | Posted 01.06.2013 | Small Business
Bryce Maddock

As e-commerce begins to represent increasingly larger portions of retailers total sales, retailers are frequently outsourcing all non-core competencies in order to capitalize on new opportunities and markets afforded by the Internet.

Cheap Chinese Labor Not Enough For iPhone Maker

Reuters | Posted 10.15.2012 | Business

By Neil Chatterjee JAKARTA, Aug 15 (Reuters) - Foxconn Technology Group's investment of up to $10 billion in Indonesia will allow the ...

As Cheap Chinese Labor Gets More Expensive, Companies Consider Moving Elsewhere

Reuters | Posted 05.25.2012 | Business

By Lucy Hornby and Don Durfee BEIJING, March 26 (Reuters) - U.S. lawnmower manufacturer Briggs & Stratton is used to worrying about tu...

The Big Price Of Somali Piracy

The Huffington Post | Harry Bradford | Posted 02.09.2012 | Business

Though many think of Johnny Depp when pirating comes up, avoiding the real-life bandits of the seas is a multi-billion dollar problem for the shipping...

In War Between Man And Machine, Machine Is Winning

WSJ | Kathleen Madigan | Posted 11.29.2011 | Business

By Kathleen Madigan of the Wall Street Journal In the man-versus-machine competition, machine is winning. And it’s not just Watson beating humans...

Hiring May Increase As U.S. Productivity Slows

Bloomberg | Shobhana Chandra | Posted 07.05.2011 | Business

The productivity of U.S. workers slowed in the first quarter and labor costs rose as a growing economy prompted companies to boost employment....

U.S. Productivity Unexpectedly Rises, Labor Costs Fall

Bloomberg | Bob Willis | Posted 05.25.2011 | Business

The productivity of U.S. workers unexpectedly increased in the fourth quarter at a faster rate as companies sought to contain costs. The measure of e...

Is Health Care Inflation Inevitable? What Are the Consequences?

Stanton Peele | Posted 05.25.2011 | Home
Stanton Peele

Cable news commentators regularly announce that the United States has, "by far," the best health care system in the world, while Republicans work to halt any modifications by Obama. Bon santé!

GM, Ford Ramp Up Production At Mexico Plants Where Workers Earn $26 Per Day

Bloomberg | [Bn:PRSN=1] Thomas Black [] | Posted 05.25.2011 | Business

June 9 (Bloomberg) -- Mexico's share of North American auto production may rise at a quicker pace as General Motors Co., Ford Motor Co. and Chrysler G...

Stagflation Ahead?

Michael J. Panzner | Posted 05.25.2011 | Business
Michael J. Panzner

Although it is too soon to say whether this aspect of our economic history is about to repeat itself, today's allegedly good news from the Labor Department may not be all that it seems.

GM Offers Buyouts To 46,000 Employees

Reuters | Pumina Gupta | Posted 05.25.2011 | Business

General Motors Corp said on Thursday it sees significantly improved operating earnings and cash flow in the next two to three years, but expects high...