If employee costs are 10% of expenses, a fairly common situation at places like retailers that hire many minimum wage workers, that means it would take a 1% increase in selling prices to pass along the increase in the minimum wage to the customer.
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While EU nations have made a great progress in pulling their resources together, they do remain a collection of capricious brides that find hard to lead a common life, a situation that can turn worse as European economies face a full-blown recession.
It is a situation common to many developing countries - increasing demand, without increasing yields.
One of the most common reasons is a situation like mine where income does not come from a mere W-2.
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When my son entered his new middle school my wife and I were faced with a very an ethical situation common to parents today: do we bow down to the evil forces of society, technology and popular culture and get him a cell phone?
On Thursday, Secretary of State for Northern Ireland Peter Mandelson said the British and Irish governments shared a "common analysis" of the situation in that they wanted the sanctions to be lifted.
But if we had had an integrated Europe with a common defence policy and a common foreign policy, then I think we'd have seen a very different situation.
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"In our talks with Brahimi and with our American colleagues, we are trying to feel a way out of this situation on the basis of our common plan of action that was agreed on in Geneva in June, " Russian Foreign Ministry spokesman Alexander Lukashevich said, according to state-run RIA Novosti.
The situation is worsened by the fact that each change of government - a common phenomenon these days - produces more sets of ex-ministers and ex-MPs determined to hang on to what they have.
The new system - called the Common Assessment Framework (Caf) - requires schools to fill out a form assessing the child's situation to refer them to social services or other agencies.
He said pollution from old mines and wells was a common problem long before the recent gas drilling boom, which began about five years ago, adding that the situation is more complicated than many outsiders realize.
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