1. Employees needed to know the wage differential and how that impacted unit labor costs. 2. These expenses would be offset by a reduction in unit labour costs. 3. As a result, unit labour costs grew during the year, particularly in comparison with the other Asian newly industrialized countries. 4. It is argued that it is the relative unit labour costs, which also reflect variations in the productivity of labour, which are more significant. 5. The feasible real wage will be determined by, for example, unit labour costs and the mark up over unit labour costs. 6. A much more important source of inflation is in unit labor costs, Sorenson said. 7. A surprise drop in the number of jobless workers in August and upward revisions to unit wage costs may take the shine off the slowdown in earnings growth. 8. But unit labor costs, which are considered a crucial measure of wage pressures, grew faster than economists had forecast. 9. Faced with rising unit labor costs, companies have two choices. |
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