This is astronomically more likely to occur in developed countries
with high labor costs where it is cheaper to fork over your room and board than to pay a hired laborer the minimum wage.
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.
Worksafe analyzed reports filed
with the U.S.
Labor Department's Occupational Safety and Health Administration and found similarly
high injury rates in 2016 at the plant.
The
labor market is tighter than it has been in decades,
with unemployment near an all - time low at 4.1 % and unfilled job openings near an all - time
high at about 6 million.
While President Obama has supported a few proposals that benefit
high - growth,
high - tech entrepreneurs (like the Jumpstart Our Business Startups Act, most of his policies have been hostile to the interests of Main Street business owners, particularly those running
labor - intensive businesses
with low - wage employees.
Last year, 2014, ended
with five million job openings ---- the
highest number since 2001, according to the Bureau of
Labor Statistics.
Faced
with labor shortages, the U.S. food system would experience supply constraints that could result in
higher prices and force the country to look beyond its own borders for more of its food supply.
High unemployment coupled
with a dropping
labor force is a powerful one - two punch in the economy's stomach.
With the economy already at full employment and more and more signs of
higher wage and unit
labor cost inflation, the risks are rising that it will be PCE moving up to CPI.
With the deal, JAB is scooping up a consistent restaurant chain that has posted steady comparable - restaurant sales and rising revenue at a time when many restaurant chains are hurting due to
high labor costs and weak traffic trends.
«
With gasoline prices remaining low (providing a huge windfall to U.S. consumers), confidence sky -
high and the buoyancy in
labor market activity likely to bolster household income, we expect consumer spending activity to rebound strongly in the coming months,» Mulraine said.
Restaurants are often laggards when it comes to adopting new technology, but rising
labor costs due to
higher minimum wage and
labor shortages coupled
with food inflation has some looking to solutions that can provide some relief from the increased pressure on already tight margins.
The unemployment rate for workers
with a four - year degree is just 2.9 percent, compared
with a 5.1 percent rate for those who just finished
high school, according to the Bureau of
Labor Statistics.
San Francisco ties
with New York City and Washington, D.C., for the most expensive office space in the nation, while San Jose, Irvine, and Fremont suffer from the
highest labor costs, the report found.
The state's
labor market is also suffering: The November 2015 unemployment rate of 6.5 % was the third
highest in the country, and West Virginia was one of only five states to see a drop in nonfarm payroll employment between November 2014 and November 2015,
with a 1.4 % decline.
With the average worker earning $ 26.83 an hour, according to the U.S. Bureau of
Labor Statistics, Washington wages are the eighth
highest in the country.
I learned how to manage food costs along
with labor, which led me into a
higher volume opportunity
with Russo's New York Pizzeria.
It usually requires an explanation on the order of infinite retention («yes, our sales and marketing costs are really
high and our annual profit margins per user are thin, but we're going to keep the customer forever»), a massive reduction in costs («we're going to replace all our human
labor with robots»), a claim that eventually the company can stop buying users («we acquire users for more than they're worth for now just to get the flywheel spinning»), or something even less plausible.
The
higher wage would boost
labor income by 1.3 percent by 2019,
with just 27 percent of those gains going to low - income households.
And if Macron is able to achieve some success
with labor reform, I think we could see operating margins in France rising
higher, unemployment going lower and the overall prospects for gross domestic product (GDP) growth improving.
«We have worked
with our suppliers in China to improve
labor and environmental performance to enable
higher overall performance so they are positioned to grow
with Starbucks as our business grows.»
With labor constituting 44 percent of GDP, that would mean about $ 80 billion worth of
higher wages for American workers.
How can U.S.
labor compete
with foreign
labor when employees and their employers are obliged to pay such
high mortgage debt for its housing, such
high student debt for its education, such
high medical insurance and Social Security (FICA withholding), such
high credit - card debt — all this even before spending on goods and services?
You can imagine what happened
with real estate taxed so low and
labor taxed so
high.
Available housing inventory in the U.S. is at historical lows and homebuilders are faced
with high costs and
labor shortages.
Both all - time
highs are being fueled by steady demand from move - up buyers coupled
with the rising costs of land,
labor and materials.
With any luck, however, President Trump and Secretary of
Labor Andy Pudzer will put it
high on their list of last minute Obama regulations to be repealed.
Factors that could cause actual results to differ materially from those expressed or implied in any forward - looking statements include, but are not limited to: changes in consumer discretionary spending; our eCommerce platform not producing the anticipated benefits within the expected time - frame or at all; the streamlining of the Company's vendor base and execution of the Company's new merchandising strategy not producing the anticipated benefits within the expected time - frame or at all; the amount that we invest in strategic transactions and the timing and success of those investments; the integration of strategic acquisitions being more difficult, time - consuming, or costly than expected; inventory turn; changes in the competitive market and competition amongst retailers; changes in consumer demand or shopping patterns and our ability to identify new trends and have the right trending products in our stores and on our website; changes in existing tax,
labor and other laws and regulations, including those changing tax rates and imposing new taxes and surcharges; limitations on the availability of attractive retail store sites; omni - channel growth; unauthorized disclosure of sensitive or confidential customer information; risks relating to our private brand offerings and new retail concepts; disruptions
with our eCommerce platform, including issues caused by
high volumes of users or transactions, or our information systems; factors affecting our vendors, including supply chain and currency risks; talent needs and the loss of Edward W. Stack, our Chairman and Chief Executive Officer; developments
with sports leagues, professional athletes or sports superstars; weather - related disruptions and seasonality of our business; and risks associated
with being a controlled company.
As evidence that the U.S. deficit is caused by expensive
labor,
high manufacturing costs, and the spendthrift habits of Americans, many economists will point out that the United States runs bilateral trade deficits
with many countries, and not just
with China.
Of course,
with labor markets tight, some employers will attempt to attract new employees by offering
higher wages and benefits, raising the average compensation paid to many employees over time.
The United States is a net importer of Chinese capital, for example, because it must finance its trade deficit
with China, and its trade deficit
with China is a consequence not of capital flows that may distort trade but rather because of
high manufacturing costs in the United States,
with expensive
labor almost always fingered as the main culprit.
What we find is quite striking: not only do those
with higher education experience less unemployment, they are far more likely to be participating in the
labor market.
These risks and uncertainties include food safety and food - borne illness concerns; litigation; unfavorable publicity; federal, state and local regulation of our business including health care reform,
labor and insurance costs; technology failures; failure to execute a business continuity plan following a disaster; health concerns including virus outbreaks; the intensely competitive nature of the restaurant industry; factors impacting our ability to drive sales growth; the impact of indebtedness we incurred in the RARE acquisition; our plans to expand our newer brands like Bahama Breeze and Seasons 52; our ability to successfully integrate Eddie V's restaurant operations; a lack of suitable new restaurant locations;
higher - than - anticipated costs to open, close or remodel restaurants; increased advertising and marketing costs; a failure to develop and recruit effective leaders; the price and availability of key food products and utilities; shortages or interruptions in the delivery of food and other products; volatility in the market value of derivatives; general macroeconomic factors, including unemployment and interest rates; disruptions in the financial markets; risk of doing business
with franchisees and vendors in foreign markets; failure to protect our service marks or other intellectual property; a possible impairment in the carrying value of our goodwill or other intangible assets; a failure of our internal controls over financial reporting or changes in accounting standards; and other factors and uncertainties discussed from time to time in reports filed by Darden
with the Securities and Exchange Commission.
Consumer spending is up, optimism is
high and we have a robust
labor market
with unemployment at a 17 - year low of 4.1 percent.
Headline unemployment edged
higher to 4.7 percent, according to a report Friday from the Bureau of
Labor Statistics, in - line
with...
Economist Jessica Hinds at Capital Economics said there is «still plenty of slack in the
labor market»
with high jobless rates of 16.1 percent in Spain, 10.9 percent in Italy and 8.9 percent in France.
While a 60 % failure rate may still sound
high, that's on par
with the cross-industry average for new businesses, according to statistics from the Small Business Administration and the Bureau of
Labor Statistics.»
Their self - destructive real estate bubble has loaded down their
labor force
with high debt service and housing costs, whilst their giveaway of public infrastructure to insiders (
with no price regulation) has led to
high basic living costs.
[2] While the
labor input is running
high,
labor productivity, inflation and the term premium are all historically low,
with plenty of room to rise.
People
with disabilities demonstrate the same passion, independence and self - direction as all Americans, and given certain characteristics — including being on average older and less educated — it is not surprising that the rate of self - employment for people
with disabilities in the
labor force in 2011 was about 50 percent
higher than the corresponding rate for people without disabilities -LSB-...]
If we assume that hysteresis is in fact present to some degree after deep recessions, the natural next question is to ask whether it might be possible to reverse these adverse supply - side effects by temporarily running a «
high - pressure economy,»
with robust aggregate demand and a tight
labor market.
Of course, the winner here becomes not the site owners, who must maintain extremely
high budgets
with high churn to maintain and keep pace
with their equity, but rather the people who sell the links to them and / or require their
labor (guest posts) in order to replicate.
We would concur
with this broadly positive outlook for the economy over the rest of the year, in large part due to the contribution from US consumers, whose well - being — thanks mainly to a robust
labor market — was apparent in one measure of consumer confidence during September, which hit its
highest level in nine years.
Though the 156,000 jobs added in August's
labor market report fell short of the figure predicted in consensus forecasts, any disappointment was muted by the historical tendency of data in August to be adjusted at a later date,
with the initial level of hiring revised
higher in five of the last six years.
[U] nderpinned by an improving
labor market, better household balance sheets, favorable financial conditions, a healthier housing market as household formation gradually returns to levels that are more closely aligned
with demographic factors,
higher nonresidential investment as firms finally upgrade aging capital stock, and a smaller fiscal drag.
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.
Kids as young as 8 years old, swing machetes
high over their heads to hack off cocoa pods, spray lethal pesticide without any protective gear, spend hours splicing open the pods
with knives,
with little clue that the end result of their
labor is candy that will go on clearance by February 15th.
They'd be great for forced
labor... but after a while they'd be expensive to feed... I heard that there's this guy in Argentina
with blueprints for these
high capacity ovens... it's a biofuel... that's green right... MOTHER F'KER is this guy for real?
«
With all of the expansion in the area, it's great to see a demand for
labor and
higher wages.»
With culinary interest at an all - time
high across the country competing for the best
labor, finding the right people can be a challenge.