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Increasing labor costs plus increasing energy costs has led to lowered productivity (productivity is the value of output vs. the cost of input). No need for th
by taylodl 4y ago
Increasing labor costs plus increasing energy costs has led to lowered productivity (productivity is the value of output vs. the cost of input).
No need for the OP to grind their axe.
- iso1631 4y agoThis is the labor costs https://www.bls.gov/charts/productivity-and-costs/manufacturing-labor-costs-percent-change.htm https://www.bls.gov/charts/productivity-and-costs/manufactur... I don't see anything unusual there, there was a big spike in Q2 2020 obviously, and a matching dip in Q3 2020, which causes havoc with change in a short time, but the average seems about in the ballpark of the 2012-2020 range.