This increase was largely attributable to house purchase costs — which rose by 1 per cent in the quarter, to be 6.4 per cent higher over the year — in turn reflecting
higher costs of labour and materials.
Not exact matches
Most
of the experiments endeavour to reduce insect farming's most expensive input, human
labour, which accounts for a stunningly
high 60 %
of costs (in the heavily mechanized cattle farming industry, by comparison, it's rare for
labour costs to reach even half
of that).
We then use that to build out two additional scenarios: one assuming a doubling
of the current minimum wage plus factoring in the
cost of fire and building safety improvements based on data from the Worker Rights Consortium; and another using a «living wage» figure from the East Asia
labour organization Asia Floor Wage, which is considered at the
high end
of labour reform demands.
Perhaps most important, an increased focus on innovation could also counter the relatively
high cost of Canadian
labour and the impact
of the more valuable dollar on export levels.
In recent years, the country's largest carrier has been hamstrung by
high costs, in large part because
of its
labour agreements.
Rheault notes that the logistical advantages
of interior China outweigh
labour costs that are now
higher than those
of upstart neighbours like Cambodia or Bangladesh.
The economy is operating at a
high level
of capacity utilisation, the
labour market is relatively tight, and there have been some large increases in raw materials
costs.
But if that innovation itself requires
labour to think up the new idea, test it, and implement it, then
high wages increase the
costs of innovation too.
The comparative advantage sweet - spot for Canada's rust belt is the combination
of a
high - skilled
labour force, significant quality controls and a low
cost of living.
Meanwhile, our unit
labour costs are relatively
high, and Canada's manufacturing capacity is stretched because so many plants and jobs disappeared during the era
of the soaring loonie.
So far, however, this has failed to translate into rising consumer price inflation, because the strength
of the US dollar and falling prices for raw materials have offset
higher labour costs.
Also, if domestic economic activity and demand were to be even stronger than expected, given the existing strength
of the
labour market, upward pressure on
labour costs could emerge, eventually pushing inflation
higher.
The international comparisons shown here suggest, however, that growth in unit
labour costs in Australia has still been on the
high side over the past couple
of years, given the rate
of unemployment.
Unit
labour costs (based on compensation per hour worked) grew by 1.3 per cent in the June quarter to be 2.8 per cent
higher over the year, which is around the average growth rate
of the past few years.
Strong
labour markets and historically low borrowing
costs have allowed Canada's households to amass one
of the
highest debt - to - income ratios in the developed world.
AUSTRALIA is a
high -
cost player in the global market - our
costs of production have always been
higher than those
of the US and Brazil and others with whom we compete - and that is mainly related to
labour costs and Government charges.
We provide a range
of solutions for processing convenience food, including Cabinplant's complete,
cost - effective and
labour - saving processing line for spring rolls, which guarantees to match the
high quality
of hand - rolled spring rolls.
Currently, the
cost of this is as
high as 5 %
of a manufacturer's turnover driven by factors such as increasing
labour costs.
See Appendix A. 1 for more information * There are a number
of broad Australian comparative disadvantages such as
high labour costs, a dispersed and geographically isolated market and small population which impact the MTP sector.
Organic foods can be more expensive because farmers have
higher labour costs and a different economy
of scale; however when buying organic you're paying the real
cost of producing real food that is better for the environment, animal welfare and our health.
The
high cost of transport is an issue if they're to manufacture them here and export; however, Ashley says the posts can be manufactured in any country, using the country's recycled plastic, its timber and
labour force.
He also says the
costs of production are
higher because organic farmers don't use synthetic chemicals to grow crops and that means farmers, like him, use manual
labour to tackle pests and weeds.
High health care
costs, a lack
of interest in repetitive manual
labour and rising worker wages has led to an explosion
of automated machinery, according to Intelligrated.
The Fair Work Commission has axed Domino's Pizza's long expired agreements that paid thousands
of workers significantly below minimum rates, leaving the franchise facing tens
of million
of dollars in
higher labour costs.
It's the latest Australian franchise business to feel some stress under the weight
of high labour costs and rents.
Economically speaking, the selling price
of organic rice in the Ebro Delta is
higher than conventional rice, and permits greater profit to farmers, in spite
of the major
cost of labour (organic farming
of this particular system needs 25 percent more than conventional farming) and lower yields -LRB--15 percent in organic paddy fields).
The reduced profitability
of the seafood processing industry in 2014 appears to have been driven by
higher labour, energy and other operating
costs.
A pre-election report from the Toronto Region Board
of Trade says Ontario businesses face challenges including
high labour costs and energy prices, and urges the next government to cut property taxes to help keep companies competitive.
Sadiq Khan's mayoral campaign ran into trouble this week when it was reported that Transport for London (TfL) estimated the
cost of the
Labour candidate's transport fares scheme to be much
higher than he claims.
Their letters provide a rich insight into their experiences
of migration over 150 years: they're delighted by easy access to the
labour market and
higher salaries, for example, but also talk about the uncertainty
of succeeding in the host country because
of job insecurity and
higher living
costs.
And in exchange we will ask for your help in solving
Labour's Debt Crisis by keeping the
cost of public sector pay only as
high as the country can responsibly afford.
I have to say I think this is all about the
Labour Party trying to detract from the point we have been making about the deal that they would have to do with the SNP, which is going to
cost people in this country a lot
of money and is not something I think that we want to see - it would result in more debt, more borrowing,
higher taxes.
Commenting on the development,
Labour Analyst, Austin Gammey, cautioned that it will be challenging for employers as Ghana's economy compels businesses to offer lower wages due to
high cost of operations.
Over the coming months
Labour will continue to set out radical but credible policies to earn our way to
higher living standards for all, not just a few and tackle this deep - seated
cost of living crisis.
Labour supports
high speed train development but is concerned about the spiralling
costs of HS2.
Likewise, Corbyn has pledged to scrap tuition fees in England but the Welsh
Labour manifesto discusses the Diamond Review into
Higher Education in Wales and the Welsh government's pledge to help with the
cost of living during university, as opposed to focusing on tuition fees.
The furore over a looming primary school place crisis has intensified during the election campaign, with
Labour accusing the Conservatives
of causing a crisis in primary school places because
of the
high costs of their free schools policy.
That means focusing on the lower - hanging fruit in terms
of cutting
costs - such as cutting interest rates, which are currently up to 6.1 %, and have been attacked as bafflingly
high by a long line
of former Conservative and
Labour education ministers.
But publishers and online retailers warn that when Amazon expands its retail offerings, it will struggle to replicate its efficient business model in Brazil, where
labour costs are
high, taxes complex and less than 20 per cent
of roads are paved.
These include a typically
higher representation
of cyclical sectors in markets outside the United States and ta generally
higher level
of operating leverage in these markets attributable to
higher fixed
costs and less flexible
labour.
She points out that organizations in certain parts
of the sector may have legitimate reasons for spending more on administration, such as
higher labour costs.
It's simply that after building the ship,
labour costs are the
highest component
of running
costs.
The research, cited by the UN Food and Agriculture Organisation, says that while rice is a staple food for more than half the world's population, growing it is becoming less profitable because
of the
costs of labour, shortage
of water and
high energy
costs.
Investors are obliged to weigh any number
of unknowns: will Venezuela increase production and keep heavy oil differentials
high; will the price
of natural gas rapidly rise; will climate change suddenly force governments to introduce carbon taxes; can the companies control their
labour and construction
costs; will global demand continue to rise?
The professional
labour cost for editors
of such a professional, electronic, in - depth law journal can be
high.
Labour's Stella Creasy, who has long campaigned on consumer financial issues, has a new clause to require the new financial regulator to consider the effect
of high -
cost lending using credit cards on consumer protection and produce an annual assessment
of any consumer detriment.
The much awaited
Labour Productivity Data was released last Tuesday, shedding a glimpse of improvement from the devastating downpour of declined productivity and hourly compensation and uncomfortably high labour costs ending
Labour Productivity Data was released last Tuesday, shedding a glimpse
of improvement from the devastating downpour
of declined productivity and hourly compensation and uncomfortably
high labour costs ending
labour costs ending 2008.
It is anticipated that a continuing tight
labour market, robust income growth and
high levels
of consumer confidence will help to offset the dampening effect
of rising mortgage carrying
costs on the demand for new and existing homes in B.C. Housing starts should decline from 39,195 units in 2007 to 33,250 in 2008 and 31,700 in 2009.