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My high-school history teacher used to tell stories about how his family would seek only to purchase goods that were made in his community or country. One time he described how hard it was to purchase clothing made in America at similar prices to
Thursday. It also said in its latest report that labor productivity growth at 0.4 percent outpaced a rise in labor compensation at 0.2 percent. Quarter-on-quarter, it was the first time for the eurozone to see its ULCs going down at minus 0.
It shouldn’t take a degree in economics to understand why US businesses are moving jobs overseas. It’s about everything they want in America but haven’t gotten because democracy has been standing in their way. And democracy
U.S. workers were more productive from April through June than previously estimated while labor costs were unchanged. Productivity grew at an annual rate of 2.3 percent in the April-June quarter, up from an initial estimate of 0.9 percent growth, the
U.S. worker productivity accelerated to a still-modest 0.9 percent annual pace between April and June after dropping the previous quarter. The second-quarter gain reversed a decline in the January-March quarter, when the Labor Department's revised
So to play around with the new datasets we made two charts that nicely tell the story of the European crisis. Understand these, and you'll understand what the crisis was and is all about...German exports (blue line) since about the introduction of
Total hourly labor costs increased by 4.7% year-over-year in Q1, 2013, according to preliminary data of Bulgaria's National Statistical Institute (NSI). Total hourly labor costs grew by 4.2% in the industry sector and by 4.8% in the service sector,
Analysis & Opinion A worker watches as the first above ground piece of steel is lowered into place at the World Trade Center transportation hub in New York May 6, 2013. A gauge of labor-related costs fell in the first quarter by the most in four
People wait inside a government-run employment office in Campillos, near Malaga, southern Spain May 6, 2013. Spanish officials tell a dramatic turnaround story: from near-bankruptcy a year ago to model of budget austerity and reform now...Ministers
Whether you are a shelf stocker at Walmart, a second year associate at a consulting company or an equity analyst at an investment bank, you may feel that you are not adequately compensated for the work you do -- in other words, you are underpaid...