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 2008.
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.
It's the latest Australian franchise business to feel some stress under the weight of
high labour costs and rents.
Despite high volumes, Australia's historically commodity - based markets have low margins, with
high labour costs decreasing competitiveness and significant competition in saturated markets driving down prices.
He cited the high Australian dollar, comparatively
high labour costs, and dramatically cheaper imports as factors.
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.
Other unfavourable factors include weakening market demand amid the economic downturn, administrative inefficiency, non-transparent legal systems, foreign exchange controls, high tax rates and
high labour costs, the report said.
Businesses have been sounding the alarm for some time, warning that
higher labour costs will lead to price increases, layoffs and reduced hours for the people who can least afford it.
After the analyst asked a question about whether the company could reach its 25 - per - cent gross margin target on the Model 3, chief financial officer Deepak Ahuja said recently imposed tariffs, more expensive commodities and
higher labour costs factored into the company's guidance.
Outgoing Coles managing director John Durkan, who is set to hand the reins to Steven Cain before the demerger, still expects the retailer to return to profit growth in the June half despite a «small headwind» from
higher labour costs.
Higher labour costs, due to skill shortages, and higher material costs, particularly for steel products, contributed to this price movement.
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.
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 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.
Australia has always been
a high labour cost country and this situation is unlikely to change.
Meat industry employers objected to red tape and
higher labour costs, but community standards were enforced, most operators complied, and the worst operators eventually left the business.
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.
The main problem with Belgium is
the high labour cost and taxation.
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.
There's a familiar pattern in the company's history: keep
high - stakes R&D in Toronto; punt lower margin commodity business to sites where
labour costs are lower (Celestica operates 20 facilities in 14 countries including Mexico, Taiwan and Malaysia).
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.
Long - term interest rates are currently low due to low global inflation expectations and moderate growth potential in Canada due to lower oil prices, a heavily indebted household sector and a weakened manufacturing base due to relatively
high unit
labour costs.
It's contribution to the national economy in this regard is unmatched, and its efficiency at providing those services is largely unrewarded —
high - volumes with very low
labour costs i.e. few BC jobs and wages.
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.
Similarly, unit
labour costs (based on compensation per hour worked) picked up a little in the December quarter, rising by 1.4 per cent to be 2.3 per cent
higher than a year ago.
U.S. softwood lumber production is on the rise, with more Canadian - owned sawmills located in the U.S. than in Canada due to lower
labour costs,
higher timber availability, and
higher demand.
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.
Unit
labour costs (based on compensation per hour worked) increased by 0.9 per cent in the March quarter, to be 2.4 per cent
higher over the year.
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.
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.
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.
Core inflation has drifted
higher over the past year, as slowing productivity growth has pushed up growth in unit
labour costs, albeit from a very low level.
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.
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.
Our staff is on their hands and knees across a 10 to 15 acre paddock so depending on the crop,
labour costs are 30 to 40 per cent
higher than for conventional farms.
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.
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.
Mr Blair added: «For the poorest countries, whose
labour costs are low but who often find the very
high tariffs selling into the wealthy countries» markets, it is essential if they're to stand on their own two feet that they're allowed access into our markets.»
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.