Hard labor at low pay over a lifetime takes its toll on a person.
Minimum wage laws prevent employers from taking advantage of low-quality labor at low prices.
And for decades, it has improved worker safety and health and aggressively combated child labor at home and abroad.
Assuming Japan is able to navigate away from further crises, the process of rebuilding its fractured economy could potentially call for more labor at home.
FORBES: Japanese Disaster: What Are The Impacts On The Auto Industry?
Then Tata Consulting Services and Infosys implemented global delivery systems using highly trained labor at a 10th the cost, practically wiping out the domestic vendors' traditional IT services business.
FORBES: The accepted wisdom that the customer is king is all wrong.
As Jerome Littlefield, an aspiring doctor whose debilitating sympathetic hypochondria reduces him to menial labor at a sanatorium, Lewis is both a flustered klutz who tries too hard and a soft-spoken, painfully sincere Everymensch.
Drastic actions were necessary in order to confront slumping sales, and management hopes to find more ways to cost cuts as they are currently in talks with labor at two key plants in its home state of Wisconsin.
As an example of his community spirit, the jeweler recalled a gentleman who visited the store recently, explaining that his daughter, in labor at Lenox Hill Hospital a few blocks south, couldn't get her wedding band off her swollen hand and was in extreme pain.
"Because there are no resources, we are not able to enforce the laws, " said Khair Mohammad Niru, director general of labor regulations at the Ministry of Labor, Social Affairs, Martyrs and Disabled.
Greg Saltzman, a professor at Albion College and a labor researcher at the University of Michigan, says the UAW had to make a painful choice - accept this VEBA or face the possibility that General Motors might declare bankruptcy.
During this week when there's been a lot of labor news - starting with the big strike at Chrysler that lasted all of six hours before ending with a labor deal - let's take a look at labor unions - trade unions in particular - in a very different country, Egypt.
Mr. Sherk is a senior policy analyst in labor economics at the Heritage Foundation.
WSJ: James Sherk and Todd Zywicki: Obama's United Auto Workers Bailout
Vincent Vernuccio is the director of labor policy at the Mackinac Center for Public Policy.
"We should have limits, " says Vernon Briggs, a professor of industrial and labor relations at Cornell University.
The stance of Verizon workers could have a major affect on their labor brethren at the automobile manufacturers.
The company for several months starting in June last year, grappled with frequent labor agitation at its Manesar plant.
Enrico Moretti is the Michael Peevey and Donald Vial Chair in Labor Economics at the University of California, Berkeley.
FORBES: Want To Reduce Income Inequality? Lower The Barriers To Talented Immigrants
We like that, because actually Germany and Holland are relatively tight labor markets at the moment with unemployment at about 5%.
FORBES: Staffing Firm Randstad Will Profit In Europe, Regardless Of Economy
Workers bewail unfair labor practices and seek protection and advantage from government-backed labor unions at the expense of their employers and consumers.
FORBES: No, President Obama, You Don't Boost The Middle Class Through Government Growth
In the utilities and retail trade sectors, Monster reported increases in employer demand for labor of at least 15% from a year ago.
Yet if Mr Rudd can maintain his campaign's tight discipline, Labor may at last have found a leader to take it back to power.
Compare that with United Parcel Service labor costs at just 53 percent and FedEx at 32 percent, and your hair will stand on end.
FORBES: Why Americans Should Go Postal Over The Postal Service Default
He's a labor specialist at the University of California at Berkeley.
As you know, all developed countries are struggling with the issue of labor costs at home and how to address structural issues in their manufactoring sectors.
FORBES: Hey, Mr. President: Here's What Happened to American Jobs
Dara O'Rourke, professor of environmental and labor policy at the University of California, Berkeley, applauded Wal-Mart's move to be more public with the results of its factory inspections.
Without question, the biggest road bloack to labor peace at US Airways has been the inability to find a compromise on a seniority list for the two pilot groups.
FORBES: US Airways Flight Attendant Deal Could Help Merger Effort
These were just a few of the musings put forth by a panel of sports labor experts at the MIT Sloan Sports Analytics Conference in Boston this weekend.
James A. Gross, professor of labor relations at Cornell University said using an outside auditor "frees the company of any independent supervision or assessment of what they are doing, " he said.
And I will never turn Medicare into a voucher system -- because no American should have to spend their golden years, after years of labor, at the mercy of insurance companies.
应用推荐