Sentences with phrase «in labour costs»

In turn, slower growth in labour costs is having a beneficial effect on international competitiveness.

As demand for school places continues to rise, the versatility and immediacy of modular buildings is delivering cost savings to the education sector through shortened supply chains and a reduction in labour costs.

However, other developments in labour costs are of more concern for the longer - term inflation outlook.

Back in the 19th century, manufacturers wanted cheap food to get cheap labour, food being a factor in labour costs.

The slowing in wage growth across all industries has meant that firms have experienced relatively slow growth in their labour costs.

Ceridian for Small Business provides employee - related solutions, which will result in up to a nine - per - cent reduction in labour costs for organizations with less than 50 employees, the company says.

This has resulted in some slowing in labour cost growth, with the area - wide measure of labour costs 2.8 per cent higher over the year to the March quarter, compared with an increase of 3.7 per cent over the year to the December quarter.

Also, to date, there has been only a modest slowing in labour costs from around 3 1/2 per cent in 2002 to 2.9 per cent over the year to the September quarter.

Of course it is far more convenient to do the two together and there is a chance of a reduction in labour costs if they are done at the ame time by the same garage.

Weak economic conditions in the past couple of years have seen growth in labour costs slow to 2 1/2 per cent over the year to the December quarter, from 3 1/2 per cent a year earlier.

«This will lead to a significant increase in labour costs and a major administrative headache for companies which engage contractors working through their own companies (Personal Service Companies), exactly as witnessed in the public sector since April this year.

Just for fun, try calculating the all - in labour cost for someone you know. I tried it on my spouse, who is a university professor. I added her healthy salary to her current service pension cost and other benefits and payroll taxes. I threw in an extra amount to reflect the pension deficit that her university is now grappling with (thanks to the market meltdown).

It is important to note that low growth in labour costs has, in many respects, helped the economy adjust to the lower terms of trade.

In addition to the nominal exchange rate depreciation, low growth in labour costs is helping to improve Australia's international competitiveness and has encouraged more employment growth than would otherwise have occurred.

With some surplus capacity existing there is scope for the economy to grow more quickly in 1997 without generating significant inflationary pressures, provided growth in labour costs is not excessive.

Some pick - up in inflation is likely in 1998 as the favourable exchange rate effects pass but, provided growth in labour costs is not excessive, price inflation should remain within the 2 to 3 per cent range.

A Domino's spokeswoman said the estimate of a $ 35 million to $ 50 million increase in labour costs was «in line with previous guidance provided to the market which is approximately 2 per cent of store sales».

In this case, the design identified do - it - yourself areas that helped the client save $ 10,000 in labour costs.

As to the cheap end of the market in Japan it was not worth it in labour costs terms.