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Have you got the labour costs on top of that at as well?
In other words, technology does not make up for Europe's high labour costs.
But they can always try to reduce their labour costs.
The main aim is to cut labour costs even further.
In my country, for example, there is the failure to reduce labour costs.
In Germany, labour costs have been falling since the same period.
Not a word on the question of labour costs.
As labour costs or political conditions change, the work can easily be switched.
Some even welcome it - good for business (if you think only about labour costs).
The effect is for labour costs to rise relative to the price of the product.
China was initially one of the lowest labour costs known to other countries.
Indeed, firms are still trying to find ways to slash labour costs.
When you look at unit labour costs, they have done a tremendous job in that respect.
General Motors is an illustration of what happens if labour costs become too high.
The important factor, however, is unit labour costs, and they are decided by productivity.
Thus, companies and handicrafts either moved to countries with lower labour costs or closed.
We will be unable to compete in terms of labour costs or cost effectiveness.
Member States must therefore make a serious start on reducing secondary labour costs.
Labour costs were a significant proportion of the cost in producing cloth.
Offshore sites have access difficulties and much higher labour costs.
Germany manages to produce cars despite its high labour costs.
The search for lower labour costs have led to significant changes in the image of global apparel industry.
I have a second reservation to raise in relation to the factor of labour costs.
It is one thing to describe the key role played by rising labour costs and another to explain why they rose.
The major hard cost saving comes from reduced labour costs through increased productivity.
"If they do, labor costs will not be so much of a problem."
During the cold war, he said, there were few ways to cut labor costs.
Your labor costs determine how you do business now and in the future.
We happen to be somewhere in the middle on labor costs.
"When you back out the benefits, nothing is really going on in labor costs."
When someone mentioned labor costs to him, all he could think of was high.
Its labor costs were also the highest in the industry.
Today's labor costs are hard to deal with at the bargaining table.
He declined to say what those labor costs would be.
For all of 1988 unit labor costs rose 3.1 percent.
Labor costs account for more than 40 percent of the county budget.
In order to eliminate the need for labor costs all together.
Have you got the labour costs on top of that at as well?
Q. What has happened to your labor costs over the last few years?
The government also said unit labor costs fell 0.1 percent.
The company aims to lower its labor costs 30 percent by 2011.
Labor costs rose at an annual rate of 6.9 percent.
For the year, unit labor costs rose 3.2 percent, the most in six years.
In other words, technology does not make up for Europe's high labour costs.
Another measure of labor costs, however, is not as promising.
Labor costs for the entire paper have drawn management attention.
Labor costs in manufacturing can be 30 percent of sales.
But they can always try to reduce their labour costs.
They were failing, and I saw why: high labor costs.
In addition, labor costs are only one of many factors that companies consider.