"The major problem in Hong Kong is labor cost, and the major problem about labor cost is rent, or mortgage rates, " says David Roche of investment group Independent Strategy.
Can adding 50% more labor cost and 20% more material cost actually increase sales of a stagnating product in a highly competitive luxury market space?
The prosecution's star witness, one-time oil industry executive Bill Allen, has testified that he sent people on his payroll to work on the Stevens renovation, and that he absorbed tens of thousands of dollars in labor and material cost.
Owners of luxury and high-performance cars can expect to shell out more money for repairs over time not necessarily because these are lower-quality cars, but because labor and parts cost more for those vehicles, explains David Wurster, president of Vincentric.
Because of the recession, Babb and Rutledge were able to reduce labor costs and the cost of equipment.
Yet the overall cost premium, based on the difference in absolute wages between the U.S. and China, is actually expanding, so labor arbitrage involving China and other low labor cost markets will likely persist.
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GM, Chrysler and the union have been talking about labor-cost reductions and other concessions required under the government's loan terms.
Labor alone and food cost alone, greatly outweigh rent for restaurants- so please redo your math.
Overwhelmingly, agencies are compensated by charging their clients a fee, estimating labor cost and including an agreed profit margin.
U.S. carmakers have lost money on small cars for years because of high labor rates and the cost to insure union retirees.
If the government treated the UAW in the manner required by bankruptcy law, it could have given the stock and promissory notes to the Treasury instead of to the UAW. Labor cost savings and not supporting Delphi pensions would have increased the value of the taxpayers' shares of GM, while GM would have needed less financing.
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It works because it's fun, social, creative and easy and it's massively more efficient, both in cost and labor, than traditional fund raising techniques.
Short of an about-face in global monetary policy, the near-halving of Western clothing and footwear prices since 1989, enabled by low-cost Asian labor and plant, is going to struggle to keep deflating.
The question of temporary workers has traditionally produced a stark divide between business and labor, with business seeking a large, low-cost supply of workers, and labor opposed to any guest-worker program that could threaten American laborers and produce questionable working conditions.
Enterprise CIOs should consider the cost and labor saving benefits of public clouds when used with cloud management services that analyze potential cost spiral issues, utilization issues, and security vulnerabilities.
In fact, hiking the current levy on payrolls to shore up Social Security and Medicare would have the perverse effect of weakening the economy by raising the cost of labor and reducing the rewards of productive work.
"We have been prepping for a year for this at considerable financial, labor- and commitment-cost to our company, " Bowen said.
Its analysis shows that the total cost of gas, electricity and labor in making transportation equipment and machinery in the U.S. now beats the cost in Germany, France, Italy, the U.K. and Japan.
Second, as Shell President John Hofmeister pointed out in his testimony, prices are shooting skyward in part because of rising demand in China and India, the rising cost of materials and labor, and international events, such as supply disruptions in the Niger Delta.
The company is not in the construction business itself, and so avoids the ups and downs of that industry, frequently caused by exposure to cost overruns and labor contract problems.
For example, Folbre notes that men constitute more than 71% of the workforce in manufacturing (which was hit hard in the recession, and also hit with outsourcing to lower cost labor countries, increased automation, and increased foreign trade) and they make up less than 25% of the workers in health and education services (where jobs have risen slowly, but steadily).
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One of the major obstacles to genetic engineering has been the cost and labor involved in changing even a small number of genes in an organism.
But creating such a neighborhood in Las Vegas allows them to get the built environment they want while retaining the cost and labor market advantages of Nevada.
Let me provide a look at how a car company tracks profitability of a product program: measured are material cost and labor, and these are deducted from the selling price.
These are hardly excessive growth rates in normal times, much less in an economy with almost 10 percent unemployment, with capacity utilization down from the 80s to the 60s, and with nonbank credit sinking, productivity growing rapidly, and with unit labor cost declining.
This new security situation, the ongoing reduction in tariffs and the relative low cost of labor force will be translated into an increase in foreign investment in sectors such as gold and coal mining, oil exploration and manufacturing, to name a few.
We also incorporated Economy.com's business cost index, which looks at labor, tax, energy and office space costs and its living cost index, which factors in housing, transportation, food and other household expenditures.
This would slash the incentives behind outsourced labor: By 2015, the labor-cost advantage between China and low-cost U.S. states will dwindle from 55% to 39%, and the savings gained from outscouring will drop to single digits for many products, according to the Harvard research.
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Labor is another of the elements that increases the cost and I imagine that varies from state to state for instance in California and New Jersey the bulk of the labor is union and therefore it is more expensive than Arizona or other places so there is variability in the cost.
If the yuan weakens, the cost of shipping, labor and imported inputs necessary to make saleable goods must rise.
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