School boards and parents, however, will fight efforts to substitute machines for teachers, even when champions
of reducing labor costs dress up the purchase of new technologies as overall savings and a technological Utopia.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or
reduced orders by their customers or from
labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Good community relations programs give employees a reason to be proud
of the company, which increases loyalty and may help to
reduce labor and production costs.
(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.)
Franchisees will also keep a sharper eye on the expense side
of the equation — on
labor costs, theft (by both employees and customers) and any other line item expenses that can be
reduced.
«The difference stems primarily from demographic trends that have significantly
reduce the growth
of the
labor force.
Whether a small business is looking to
reduce labor costs, improve productivity, eliminate unauthorized use or improve efficiency, fleet tracking gives them the ability to accomplish all
of these goals.
A 30 hour work week is seen by some as a way to more evenly distribute the shrinking pool
of labor among workers, and
reduce the potential
of automation to increase income inequality.
In order to implement
labor reforms, Macron is going to have to take on the French unions and
reduce their political power, which is immense and which has been accumulated over decades
of French political infighting.
Because it
reduces price and increases volume, it suggests that if Uber ultimately succeeds, the company could have a much bigger impact on urban mobility,
labor, the environment, local economies and the national transportation infrastructure than we've all supposed — and its effects could confound the expectations
of its harshest critics.
Their
labor theory
of value found its counterpart in the «economic rent theory
of prices» to distinguish the necessary costs
of production and doing business (
reduced ultimately to the value
of labor) from «unearned income» consisting mainly
of land rent, monopoly rent, and financial interest and fees.
The United States - Chile FTA eliminates tariffs and opens markets,
reduces barriers for trade in services, provides protection for intellectual property, ensures regulatory transparency, guarantees nondiscrimination in the trade
of digital products, commits the Parties to maintain competition laws that prohibit anticompetitive business conduct, and requires effective
labor and environmental enforcement.
The high level
of service is
labor intensive, and may
reduce measured
labor productivity.
Put differently, the only way to
reduce debt is to allocate the cost to some sector
of the economy, and broadly speaking these sectors are the household sector, the private sector, the state sector, and the various more specialized subsectors within these three — for example households can consist
of rich households versus the rest, the state sector can be divided among the central government and the provincial governments, the private sector can consist
of SMEs, large corporations,
labor - intensive industries, capital - intensive industries, the export sector, etc..
Since there's a lot
of inequality within
labor's share
of national income, this development won't
reduce inequality that much.
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.
The
Labor Department's prior guidance had emphasized that «plan fiduciaries may not increase expenses, sacrifice investment returns, or
reduce the security
of plan benefits in order to promote collateral goals.»
In addition, a
labor dispute involving some or all
of our employees may harm our reputation, disrupt our operations and
reduce our revenues, and resolution
of disputes may increase our costs.
Commenting on Mr. Greenspan's remarks, David Hale
of Kemper / Zurich International pointed out that as a result
of Europe's more «rigid» (that is, unionized)
labor markets, «If France or Germany had enjoyed America's success in
reducing unemployment, their trade union movements would be pushing up wages aggressively and setting the stage for a monetary tightening to slow down the economy's growth rate.»
When German institutions — government, businesses and
labor unions — negotiated among themselves at the turn
of the century a sharp reduction in wage growth for its workers, they were obviously attempting to
reduce German's high domestic unemployment by gaining trade competitiveness.
Financial frictions to geographic mobility can
reduce this movement
of individuals across
labor markets leading to less - efficient outcomes for the economy.
Incentive compensation, which is located in both the restaurant
labor line and the SG&A line
of the P&L, was below normalized level throughout fiscal 2012 with
reduced, and in some cases, 0 bonus payouts based on performance.
«The benefits
of gender equality are multiple, including increased
labor supply; higher incomes, productivity gains, and corporate bottom lines; and
reduced poverty in developing countries,» says Carmen Nuzzo, senior economist for SRI research.
They include «rules
of origin,» or the percentage
of parts that must be made in North America for a product to qualify for free - trade status; language on how to settle disputes affecting foreign investors; changing Mexican
labor standards; and Trump's stated goal
of reducing U.S. bilateral trade deficits.
«Layoffs will feed into the
labor market,
reduced capital expenditures will directly impact GDP growth, and all
of this will drive the probability
of recession higher.»
The goal
of a new U.S. Department
of Labor (DOL) regulation — to
reduce conflicts
of interest among those who sell securities for a commission — appears simple enough.
To
reduce labor costs, Ford had planned to build a small car manufacturing plant in Mexico and move those operations out
of the U.S. but scrapped the project.
Given the riskiness
of a new venture, the acquisition
of captial funding is particularly challenging, and many entrepreneurs deal with it via bootstrapping: financing a business using methods such as using their own money, providing sweat equity to
reduce labor costs, minimizing inventory and factoring receivables.
Our forebears learned the practical effects
of collectivist methods: No one in a commune feels a personal motive to stay up at night with a sick cow (someone else will do it, I'm too tired), and the hardest workers who observe the loafers and free riders will begin to
reduce their own
labors.
Given the enormous division
of labor and degree
of specialization required by an advanced economy, such an economy could not be sustained, and the human race would
reduced to a primitive economic level.
Their economies should be
labor intensive rather than energy intensive; produce more durable goods to
reduce waste; use local materials in building; consume locally grown foods; engage in organic farming; utilize organic garbage; depend on perennial polyculture, aqua - culture and permaculture; favor trains as well as human - powered machines such as bicycles; employ solar power and other on - site modes
of producing energy; and in various ways operate on self - nourishing, self - healing, self - governing principles.
A politics
of using immigration to increase the ranks
of the low - skilled, and then
reducing the programs they will depend on when they are old and unable to do physical
labor, might seem like good business to the affluent.
That, in fact, in many places, the operations
of transnational capital — far from extending access to property, creating general prosperity, promoting democratic institutions, or advancing the causes
of law and justice — destroy functioning local economies and communities, sustain and deepen poverty among those capital
reduces to the commodity
of cheap
labor, exploit unjust
labor systems, support despotisms, take advantage
of conditions in regions too poor to impose or enforce environmental protections (for their ecosystems or their peoples), and are often complicit in the procedural abuse
of persons who can hope for no legal redress?
Or if a shift from capital - intensive to
labor - intensive production occurs, then the
reduced need for workers in the factory will be compensated by increased need
of workers as artisans.
We should steer future immigration in the direction
of higher - skills (where there appears to be a tighter
labor market) and
reduce future low - skill immigration.
Of course they will continue to use equipment that consumes fossil fuels; but on small, diversified,
labor - intensive farms, the quantity used will be greatly
reduced.
In pursuit
of gain or
reduced labor, persons are expected to move where production is cheapest or where wages are best.
Moreover, if, as is usually the case, mechanization is part
of the whole development scheme, these large landowners will be able to
reduce labor costs considerably by converting to machines, usually purchased cheaply because
of government subsidies.
PAK: I have to admit it is quite frustrating when people
reduce Catholic Social Teaching to economics:
labor - capital relations, workers» unions, minimum wage laws, the problems
of socialism and libertarianism, that sort
of thing.
The Marxian prediction
of the emergence
of inexorable division
of labor that
reduced great mass
of people to, relatively speaking, nothing would finally become true.
Factory production
reduced the need for
labor in part simply by organizing workers in such a way that the task
of each was highly simplified and could be repeated rapidly.
Whatever the specific reforms — and we would expect a period
of experiment to see what forms are most effective — the major benefit in the democratization
of the economy would be to limit the harshness
of the
labor market, to give everyone who works a stake in the enterprise he or she works in and even in the economy at large, thus
reducing both the anxiety and the cynicism that are rampant in our present economic life.
The democratization
of the economy would limit the harshness
of the
labor market, give everyone who works a stake in the enterprise he or she works in and even in the economy at large, thus
reducing both the anxiety and the cynicism that are rampant in our present economic life.
For still others, it may be a steel plough that will
reduce the
labor of preparing the fields.
As economists point out, when the amount
of labor required to produce an item is
reduced, the price goes down, and more people are able to buy it.
Hence celebrating and rewarding farm
labor will
reduce the process
of shifting population from the countryside to the cities.
This is especially true in a time when technology is continuously
reducing the amount
of labor required in production.
It may seem to
reduce philosophy to an essentially reconstructive, rather than creative,
labor; and certainly it implies that philosophers like Kant, who see themselves as harbingers
of one or another new dawn, are deluded about their proper roles.
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.
Other benefits
of the Ovis Cycle include
reducing the company's use
of herbicides and manual
labor, as the sheep eat weeds and vines that would otherwise be removed manually.