Sentences with phrase «lower labor costs in»

Another reason the low prices, of course, is the lower labor costs in China.
Manufacturing is routinely relocated to take advantage of lower labor costs in different countries, and competition among suppliers to get a contract from a major athletic shoe brand is high.
While it has some of the lowest labor costs in the developing world, Bangladesh, with rampant corruption, congested roads and frequent unrest, is a tough place to do business.

Not exact matches

Because many companies employing low - wage workers face too much competition to pass the increased labor cost on to customers, a higher minimum wage would mean lower small business profits or costly investment in labor saving equipment.
We all know labor costs are much lower in China and other developing nations, but protections for workers were also modest.
(The recent slowdown in productivity could arguably be because of the low cost of labor and, therefore, reduced incentives to invest in capital and would likely rebound as labor markets get genuinely tight and start pushing wage - growth up.)
The majority of the best cities were located in the Midwest and east of the U.S. Carbondale, Illinois, came in second and also has the lowest labor costs with a median annual income of $ 17,764.
Cities across the Midwest made the list of best places overall for starting a business, and several ranked high in categories including cheapest office space and lowest labor costs.
«Firms with low labor costs should be most insulated from accelerating wages, a trend that our economists expect will persist in 2018.»
Substantially lower labor costs have enabled the company to produce cheaper cameras and counter the Japanese in most foreign markets.
Uber, whose whole business model depends on low - cost labor, seeks to drive down labor costs even further using more technology (in this case self - driving cars).
A start - up called Desktop Metal has developed 3 - D printers that can produce metal objects safely, in smaller spaces and for a lower cost than traditional manufacturing, which requires expensive machinery, lots of floor space and risky physical labor.
«However, the aggregate increase in labor cost is lower because classifying team members as employees improves retention and enables us to train them, increasing their efficiency,» Munchery's VP of operations, Kris Fredrickson told Business Insider in July.
The fees are one of many factors driving up the cost of buying or renting a home, including income inequality, restrictive zoning, low construction productivity, a historic slowdown in housing production, and high prices for land, materials, and labor.
«It's private label, private branded, so we're not paying other brands as well, and we have a very efficient labor model, low - cost real estate,» Bird said in a «Mad Money» interview.
The shares got a slight boost on Tuesday, rising 1.6 percent to $ 354.25 in extended trade, after the company reported a quarterly profit that more than doubled on stronger sales, fewer giveaways and lower labor costs.
Wage and benefit increases of 15 to 20 percent per year at the average Chinese factory will slash China's labor - cost advantage over low - cost states in the U.S., from 55 percent today to 39 percent in 2015, when adjusted for the higher productivity of U.S. workers.
It could be that other countries» productivity gains in steel production have been greater than ours, or their labor costs are lower, i.e., our unit labor costs are not so competitive.
Businesses benefit by lowering recruitment costs, improving attrition rates, optimizing labor in relation to demand signals, and improving the customer experience with happier, more engaged employees.
The Labor Department is examining whether Wells Fargo & Co pushed participants in low - cost corporate 401 (k) plans to roll their holdings into more expensive individual retirement accounts at the bank, according to a person familiar with the inquiry the Wall Street Journal reported on Thursday.
IT Outsourcing / Web development Outsourcing - Increasingly, companies are outsourcing web development to third - parties in countries where labor costs for this technical work are lower.
April 26 The Labor Department is examining whether Wells Fargo & Co pushed participants in low - cost corporate 401 (k) plans to roll their holdings into more expensive individual retirement accounts at the bank, according to a person familiar with the inquiry the Wall Street Journal reported on Thursday.
Additionally, CEO Widmar notes the lower labor cost per watt of its Series 6, which reduces the labor arbitrage benefit of building modules in Malaysia or Vietnam.
Available housing inventory in the U.S. is at historical lows and homebuilders are faced with high costs and labor shortages.
In addition, lower real wages and declining labor costs are making the country more attractive for foreign business when measured against regional Latin American peers.
Early - stage businesses are taking advantage of Jacksonville's emerging startup scene, and it's inexpensive business and labor costs, low taxes, a young population and an attractive quality of life entice entrepreneurs from around the country in ways that the more established tech - hubs of California and New York can not.
Such gaps tend to narrow for a number of reasons, including higher marginal productivity on cheaper labor and land costs in lower - tier cities, better economic integration with government - led redistribution of infrastructure and public resources from regional hubs to small neighbor cities, and broader penetration of technology, including smartphones and the internet, according to the Morgan Stanley research.
The low costs of factory production labor and poor quality model allows stores to produce at a high volume, stay in front of trends and keep a demand on cheap, unsustainable clothing.
In 1960 U.S. Catholicism enjoyed the low - cost, labor - intensive dedication of 52,689 priests and 164,922 nuns.
The House Republicans rightly point out that the proposed increase in low - skill immigration will increase the labor market competition facing a group that already has an unemployment rate of over 10 % in order to reduce the labor costs of employers.
Pulling weeds by hand instead of using chemical weed killers is more labor - intensive in the first year or two — but it is better for soil health and can lower a farmer's greenhouse gas emissions and operating costs.
Problems with plant diseases, rising labor costs, and competition from lower - priced imported peppers have led to a 75 percent decline in the acreage devoted to growing chiles in the state in the last twenty years.
We've been able to upgrade manual tasks to a modern, fully automated line, more than doubled production and lowered our overall labor costs - and it was also well in line with our budget.»
Because of lower labor costs, however, a good 5.5 hull built overseas, especially in Scandinavia, can be delivered in the U.S. for only $ 10,000.
I don't know what wages are like in a religious school, but I'd bet labor costs are very low in most non-union school environments.
One district might be in an area with low labor costs, which would make scratch - cooking more feasible, while another might have to pay top dollar for labor.
Most meal programs in Vermont operate in the red, according to Horton, because government reimbursement rates are lower than the actual costs of food, labor and worker benefits.
Schools» misguided reliance on processed foods for speedy, low - labor cost production, industry's $ 1.6 billion in child - targeted advertising and a lack of faith in our children's dietary curiosity has created a generation of «picky eaters» with dull palates.
When she is describing all of the barriers she faces, keep in mind that she is not trying to be a naysayer; the challenges she faces, including the often ridiculous regulations, the criminally low federal reimbursement for subsidized meals, the high cost of food, labor, utilities, and every other expense, are all very real.
It would be hard for the United States to «get away» with imposing tariffs if it wasn't an open secret that China engages in unfair trade practices / has unnaturally low costs due to nonexistent / unenforced labor / environmental regulations.
The rate increase, if approved, comes with several backup measures that would allow LIPA and PSEG to hike rates (or lower them) in the future if costs and projected savings related to storms, labor contracts and debt refinancing differ from current projections.
«It's no secret to anyone working in American business today that many jobs have been lost as a result of shifting activity to largely foreign areas where labor costs are lower than in this country.»
In essence, China has been loaning Chinese solar module manufacturers in that country money at low - interest rates for both production and installation, even when installation takes place in other countries such as Germany, which makes Chinese products unbeatably cheap when paired with Chinese advantages in labor and logistics costIn essence, China has been loaning Chinese solar module manufacturers in that country money at low - interest rates for both production and installation, even when installation takes place in other countries such as Germany, which makes Chinese products unbeatably cheap when paired with Chinese advantages in labor and logistics costin that country money at low - interest rates for both production and installation, even when installation takes place in other countries such as Germany, which makes Chinese products unbeatably cheap when paired with Chinese advantages in labor and logistics costin other countries such as Germany, which makes Chinese products unbeatably cheap when paired with Chinese advantages in labor and logistics costin labor and logistics costs.
«Schools» misguided reliance on processed foods for speedy, low - labor cost production, industry's $ 1.6 billion in child - targeted advertising and a lack of faith in our children's dietary curiosity [have] created a generation of «picky eaters» with dull palates,» reports the group.
Foreign pharmaceutical companies, even those located in low - cost countries, «recognize that when it comes to drugs that can be worth a billion dollars a year, a lot more important than labor costs [is] how quickly can you get through FDA,» Finegold says.
It will relocate to Wuhan in central China to take advantage of low labor costs and strong government backing for solar expansion.
It stands in contrast to the models of online education that preceded it, which involved either highly ranked institutions offering online degrees that cost as much as their in - person equivalents, lower - ranked institutions offering inexpensive online degrees with low labor - market returns, or a variety of institutions offering free massive open online courses (MOOCs), with unclear returns and very high attrition rates.
Curricula, teaching methods, and schedules can all be customized to meet the learning styles and life situations of individual students; education can be freed from the geographic constraints of districts and brick - and - mortar buildings; coursework from the most remedial to the most advanced can be made available to everyone; students can have more interaction with teachers and one another; parents can readily be included in the education process; sophisticated data systems can measure and guide performance; and schools can be operated at lower cost with technology (which is relatively cheap) substituted for labor (which is relatively expensive).
Documentary: U.S. Students No Match for Peers in India, China China and India may be associated with lower - cost products and labor, but these countries are mass - producing highly - educated, motivated students — who surpass their U.S. peers at every academic level.
The National Institute for Labor Relations Research reported that in 2011, when disposable personal income — personal income minus taxes — was adjusted for differences in living costs, the seven states with the lowest incomes per capita (Alaska, California, Hawaii, Maine, Oregon, Vermont, and West Virginia) lack Right to Work laws.
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