With
labour costs representing about 60 per cent of value added in manufacturing, the net result has been a decline in overall profitability.
Not exact matches
Just as it was in the case of the cash
cost of a residential property, this
represents twice as many weeks of
labour time needed to finance a mortgage as compared to the early 1970s.
Industrial robots are recognised as the key components in the drive towards automation and
represent one of the quickest ways of boosting productivity and reducing
labour costs.
For low risk women without complicating conditions at the start of care in
labour, the mean incremental
cost effectiveness ratios associated with switches from planned birth in obstetric unit to non-obstetric unit settings fell in the south west quadrant of the
cost effectiveness plane (
representing, on average, reduced
costs and worse outcomes).25 The mean incremental
cost effectiveness ratios ranged from # 143382 (alongside midwifery units) to # 497595 (home)(table 4 ⇓).
Jim Stanford, chief economist at Unifor, the union
representing Canadian auto workers, says Canadian
labour costs are on par with other developed nations, and points out we've better productivity rates and a higher quality workforce than the U.S.
The Great White North Franchisee Association, which
represents half of Canadian Tim Hortons franchisees, said the minimum wage hike and other changes to the province's
labour laws will
cost the average franchisee $ 243,889 a year.
Thanks are due to Injured Workers Consultants, a community legal clinic based in Toronto, that organized the participation of so many injured workers, the Canadian
Labour Congress for helping finance the travel
costs of many of the injured workers and last, but not least, to ARCH, the legal clinic that
represented ONIWG at the Supreme Court.