News

H-2A farm labor costs soar in 2025 after job reclassifications raise wages. Learn how the DOL’s disaggregation rule impacts U ...
Vietnam - How To Optimize Labor Costs For Business Efficiency. Legal News and Analysis - Vietnam - Labour & Employment - ...
NEW YORK, May 06, 2025--(BUSINESS WIRE)--Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan (NYSE:MMC) today launches its latest Labor Cost per Vehicle analysis.
Dr. Sotiria Theodoropoulou, head of European, economic, employment and social policies unit at ETUI, emphasised that price levels play a key role explaining labour cost disparities.
In the EU, labour costs per hour were highest in the mainly non-business economy excluding public administration at €34.2 and the lowest in the construction sector at €30. However ...
Tracking the total labor costs is equally important, which can be calculated as either a percentage of total operating costs or as a percentage of sales, using the following formula: Divide the total ...
The economy’s unit labour cost (ULC) – calculated as the average cost of labour per unit of output – is expected to keep rising in 2025. This comes as slower wage growth will likely be offset by ...
In addition to analyzing whole-farm labor efficiency and productivity, it is common to also evaluate labor cost per unit for specific enterprises. For crop enterprises, we can use labor cost per acre ...
output per hour — has stayed strong. “And so when productivity’s growing strongly, and wages are not growing quite as strongly as productivity, it will show up as unit labor costs slowing ...
Unit labor costs - the price of labor per single unit of output - increased at a 0.8% annualized rate last quarter, the Labor Department's Bureau of Labor Statistics said. Economists polled by ...
Florida began raising its state minimum wage $1 per hour ... costs of using the program. Nevertheless, H-2A workers have become vital to American food production as the domestic workforce continues to ...