areadevelopment + labor-costs   60

HP sees 3D printing potential in transforming APAC manufacturing - ZDNet
3D printing can reduce labour costs since there are no parts to assemble and has the potential to "smarten" up logistics in markets such as Singapore and China, but it will require businesses to rethink the entire manufacturing process--from design to when products are delivered to customers.
this-week-448  Around-the-web  Matt  manufacturing  advanced-industries  3D-printing  labor-costs 
17 days ago by areadevelopment
The future of work won't be about degrees, it will be about skills - CNBC
Rapid technological change, combined with rising education costs, have made our traditional higher-education system an increasingly anachronistic and risky path. The cost of a college education is so high now that we have reached a tipping point at which the debt incurred often isn't outweighed by future earnings potential.
labor-costs  workforce-development  workforce-training  skilled-labor  skills-gap  education  Around-the-web  this-week-443  insider-12-20-2018 
12 weeks ago by areadevelopment
From Honda to Volvo: New U.S. auto transplant transcends tariffs - The Detroit News
Learning from successful Japanese and European manufacturers over four decades of expansion, Volvo’s Charleston plant is the 17th non-union transplant to embrace American-made production advantages: lower costs, expanded global capacity, massive supplier infrastructure and proximity to the richest auto consumers in the world.
south-carolina  organized-labor  right-to-work  labor-costs  cost-of-doing-business  business-climate  fdi-USA  volvo  automotive-industry  Around-the-web  this-week-439 
october 2018 by areadevelopment
Amazon to Raise Minimum Wage to $15 for All U.S. Workers - The New York Times
Amazon said on Tuesday that it would raise the minimum wage to $15 an hour for its United States employees, a rare acknowledgment that it was feeling squeezed by political pressure and a tight labor market.
this-week-438  Around-the-web  Matt  amazon  labor-costs  labor  workforce 
october 2018 by areadevelopment
For most Americans, real wages have barely budged for decades - Pew Research Center
Despite the strong labor market, wage growth has lagged economists’ expectations. In fact, despite some ups and downs over the past several decades, today’s real average wage (that is, the wage after accounting for inflation) has about the same purchasing power it did 40 years ago. And what wage gains there have been have mostly flowed to the highest-paid tier of workers.
Around-the-web  this-week-433  economic-indicator-reports-analysis  labor-costs 
august 2018 by areadevelopment
For Manufacturers, a Complex Mix Can Determine Location - The New York Times
Bob Hess, a vice chairman of Newmark Knight Frank, the global real estate company, explained that labor costs were no longer significantly lower in rural parts of the country.

The change is most often the result of a need to hire workers with higher skills than in the past or to entice them to commute longer distances or even relocate.
small-manufacturing  cost-of-doing-business  labor-costs  u.s.-manufacturing  Around-the-web  this-week-431-top 
july 2018 by areadevelopment
The Art and Science of Assessing the Labor Market - Area Development
Only through a combination of data analysis (the science) and labor interviews (the art) can a company be sure of choosing a location where its workforce needs are satisfied now and in the future.
area-development-features  Matt  labor  labor-costs  skills-gap  skilled-labor  workforce  jobs  economic-development  site-selection  manufacturing 
june 2018 by areadevelopment
How will automation affect jobs, skills, and wages? - McKinsey & Company
As the nature of work changes with automation, millions of people may need to switch occupations and acquire new skills.
skilled-labor  labor-costs  automation  Around-the-web  this-week-418-top  workforce-development 
march 2018 by areadevelopment
In land of Peeps, fight threatens U.S. pension plans - Chicago Tribune
They are a pastel symbol of Easter joy, but behind the wax-eyed candy is a company at war with its union workforce over rising pension costs - an escalating legal tangle that could soon upend the retirement plans of 10 million Americans.
organized-labor  workforce-aging  labor-costs  food-processing  Around-the-web  this-week-418 
march 2018 by areadevelopment
Yes, manufacturing still provides a pay advantage, but staffing firm outsourcing is eroding it - Economic Policy Institute
These reports raise the question of whether there is a pay premium for manufacturing work and whether this pay premium has eroded, especially recently and for particular types of workers. We review these studies and conduct new analysis of manufacturing wage and benefit premiums and conclude that although the increase in outsourcing manufacturing work to staffing agencies has helped erode pay and job quality, there is still a substantial manufacturing pay premium.
labor-costs  workforce-development  u.s.-manufacturing  jobs  economic-indicator-reports-analysis  Around-the-web  this-week-417 
march 2018 by areadevelopment
French Companies Have Newfound Freedom … to Fire - The New York Times
Just weeks after France’s labor overhaul went into effect, companies are readily taking advantage of new rules that make it easier to hire and fire. But the other changes, those designed to help cushion the blow like retraining programs, haven’t been put into place yet, leaving workers vulnerable to a coming wave of downsizing.
labor  labor-costs  organized-labor  workforce-training  government-policy  france  Around-the-web  this-week-411 
february 2018 by areadevelopment
Front Line: Will the Latest Round of Minimum Wage Increases Affect Employment Levels? - Area Development
Since the tight labor market has already pushed up wages, studies have shown an increase in the minimum wage will have minimal negative impact on employment levels.
area-development-features  Matt  economic-development  site-selection  manufacturing  workforce  labor  labor-costs  government-policy  frontline 
february 2018 by areadevelopment
Chinese Auto-Glass Magnate Faces Union Challenge in Ohio - The New York Times
“I started from the very bottom of society, so I understand the wants and needs of those at the very bottom,” said Mr. Cao in an interview earlier this year. “We should take care of the needs of our employees as part of a family.”

Now, in a factory with roughly 2,000 employees in Moraine, Ohio, 7,600 miles away, Mr. Cao’s paternalistic attitude is facing a deep test.
this-week-403  Around-the-web  labor-costs  organized-labor  workforce-development  automotive-industry 
november 2017 by areadevelopment
Gleaning insights from ‘Talking Tax’ participants during these unpredictable times - Industrial insights - PwC
...the focus of which was the likelihood of tax and healthcare reform in 2017 and the potential impact of proposed policy changes on US manufacturers.
taxes-incentives  corporate-tax-reform  healthcare  Around-the-web  this-week-389  labor  labor-costs 
june 2017 by areadevelopment
Why are companies moving to the Southeast? They want proximity to their customers, German consul says - The Greenville News
For two years, Detlev Ruenger, consul general of the Federal Republican of Germany, wondered why companies kept putting a footprint in the Southeast...Wages are lower in the Southeast, he said. The time difference is better for companies calling back to their native Germany compared to locations on the West Coast, and, in particular, South Carolina is a right-to-work state, though it can be a concern to some given Germany’s strong union presence, he said. 
BMW  regional-reports  south-atlantic  south-carolina  automotive-industry  fdi-USA  right-to-work  cost-of-doing-business  labor-costs  Around-the-web  this-week-386 
may 2017 by areadevelopment
If We're At Full Employment, Why Aren't Wages Growing Faster? - Emsi - LinkedIn
Emsi analyzed inflation-adjusted earnings data for every metropolitan and micropolitan statistical area from 2012-2016. We found that the average growth real wages year-over-year has been very modest in most MSAs, especially large metros.
jobs  labor-costs  Metros  leading-locations  Around-the-web  this-week-386-top 
may 2017 by areadevelopment
More Robots, Fewer Jobs - Bloomberg
Are you about to be replaced by a robot? The question has broad implications for the U.S. economy, especially the manufacturing sector. Industries that robotize tend to increase output. But robots can have dire consequences for workers.

Two economists recently concluded that both jobs and wages fall in parts of the U.S. where more robots are installed.
u.s.-manufacturing  labor-costs  robotics-manufacturing  manufacturing-automation  Around-the-web  this-week-385 
may 2017 by areadevelopment
Workers Made Germany Into the World's Best Economy - Bloomberg View
If, as some now claim, robots are a big threat to jobs and wages, German workers should be suffering; instead, their wages have been growing at a steady clip, even as employment has risen.

What is Germany doing right?
workforce-development  business-globalization  germany  economic-analysis  labor-costs  organized-labor  Around-the-web  this-week-383 
april 2017 by areadevelopment
31st Annual Survey of Corporate Executives Commentary: Highway Access, Labor Skills and Costs Remain Primary Concerns - Area Development
Our findings align with those of the Corporate Survey; not only are highway access and labor skills and costs of the utmost importance in siting new facilities, but so are permitting and regulatory issues.
surveys  labor  labor-costs  highways  logistics  infrastructure  manufacturing  site-selection  economic-development  Matt  area-development-features 
april 2017 by areadevelopment
As Trump Stresses Manufacturing Jobs, How Important Are Labor Costs for Automakers? - CNBC
American consumers pay an average of $35,000 for their new car, truck, or crossover. But what does that sum actually cover? And with President Donald Trump's border tax threats that could add 20 percent to the price of any car manufactured outside America, exactly how crucial are labor costs to consumers — and automakers?
this-week-376  Around-the-web  Matt  automotive-industry  manufacturing  labor-costs  labor  workforce 
february 2017 by areadevelopment
Jeff Immelt: Localization Can Help America Win Around the World - TIME
Here’s what I know: outsourcing is different from globalization—and it’s yesterday’s game. During the 1980s and ’90s, business looked to emerging markets as a cheap labor source. American jobs transferred to countries that welcomed U.S. companies with open arms. American workers lost in the game of wage arbitrage. But the days of outsourcing are declining. Chasing the lowest labor costs is yesterday’s model; digital and advanced manufacturing technologies make the factories of today more productive.

Now we need to go where the growth is. That is what globalization means today.
outsourcing  labor-costs  business-globalization  u.s.-manufacturing  advanced-manufacturing  Around-the-web  this-week-373 
december 2016 by areadevelopment
Critical Site Selection Factor #6: Labor Costs - Area Development
How labor cost impacts total cost depends on the type of project being considered—headquarters, data centers, call centers/back office, retail, warehouse/distribution, manufacturing, etc.
area-development-features  site-selection  site-selection-factors  labor  labor-costs  workforce  manufacturing 
november 2016 by areadevelopment
Small Manufacturers: Dealing with the New Overtime Rules Challenge - Area Development
In order to comply with the new rules, small and mid-tier manufacturers may opt to increase salaries or cut OT hours and increase workforce productivity, among other strategies. For many, there will be a wait-and-see approach while absorbing the initial shock.
area-development-features  Matt  manufacturing  labor  labor-costs  workforce 
august 2016 by areadevelopment
The smart factory is only as smart as its workers - Industrial Insights - PwC
While companies are wise to be on the look-out for disruption, there’s another, more human, side to disruption: what it all means for America’s worker.
workforce-development  skilled-labor  advanced-manufacturing  labor-costs  skills-gap  u.s.-manufacturing  executive-surveys  Around-the-web  this-week-355 
june 2016 by areadevelopment
At Western Firms Like Adidas, Rise of the Machines Is Fueled by Higher Asia Wages - WSJ
The opening of Adidas AG’s first factory in Germany in more than 30 years is one of the most visible examples of global brands bringing manufacturing home because of rising labor costs in Asia.
Around-the-web  Matt  asia  germany  manufacturing  labor-costs  reshoring  jobs  site-selection  economic-development  this-week-355 
june 2016 by areadevelopment
Producing Poverty: The Public Cost of Low-Wage Production Jobs in Manufacturing - Berkeley Center for Labor Research and Education
Much attention has been given in recent years to low-wage work in the fast-food industry, big-box retail, and other service sector industries in the U.S. The rise of low-wage business models in the service sector has often been contrasted to business models of the past, when blue collar jobs in the manufacturing industry supported a large middle class in the United States.

Recent research by the National Employment Law Project (NELP), however, found that manufacturing production wages now rank in the bottom half of all jobs in the United States.
workforce-development  cost-of-doing-business  labor-costs  u.s.-manufacturing  economic-analysis  Around-the-web  this-week-353 
may 2016 by areadevelopment
USA: A Land of Opportunity with Variable Cost Factors for Foreign Investors - Area Development
In order for foreign investors to take advantage of the many opportunities available in the U.S., they must consider numerous geographically variable cost and non-cost factors.
area-development-features  Matt  location-USA  FDI  site-selection  economic-development  labor-costs  taxes-incentives 
april 2016 by areadevelopment
The Lure of Manufacturing in the U.S. - Area Development
Through its commitment to buy U.S.-made products, Walmart is leading the charge to encourage and help both U.S. and foreign manufacturers to set up operations on U.S. soil.
area-development-features  Matt  walmart  manufacturing  consumer-goods  economic-development  FDI  site-selection  jobs  reshoring  labor-costs  energy-costs 
april 2016 by areadevelopment
Rising Labor Costs And The Decline of Domestic Manufacturing - Inside INdiana Business
Are company executives taking into account all factors? Labor and transportation will make an overseas location look like a cost-effective solution for a manufacturer.  However, the increased direct costs including customs, duties, fees, insurance, intermodal handling, licenses and transportation, decreased productivity, and more play a major factor in costs. 
site-selection-factors  business-globalization  global-supply-chain  labor-costs  offshoring  executive-surveys  market-proximity  Around-the-web  this-week-345  sfp-insider-123 
march 2016 by areadevelopment
Who holds the key to closing the skills gap? - EY
Can it be possible that women lost 30 years of progress toward equal economic and political participation with men in just 12 months?

Unfortunately, according to the World Economic Forum, that is precisely what happened in 2015.
skilled-labor  skills-gap  labor-costs  workforce-development  women-in-manufacturing  cf-women  Around-the-web  this-week-338  insider-8-23-2018 
january 2016 by areadevelopment
Trucking Shortage: Drivers Aren't Always In It For The Long Haul - NPR
Trucking companies say they are critically short of drivers — and many truckers say it's pay the companies are short of.
freight-logistics  trucking-shortage  logistics  supply-chain  Around-the-web  this-week-334  labor-costs 
december 2015 by areadevelopment
Garment Maker Retreats as China Shifts Policy - WSJ
Over the past few years, TAL realized that even if the pants factory increased its productivity substantially, it would still be more expensive to produce in China than Southeast Asia.
this-week-333  Around-the-web  Matt  china  labor-costs  manufacturing 
december 2015 by areadevelopment
Critical Site Selection Factor #6: Labor Costs Vary by Project & Location - Area Development
Labor costs are usually manufacturers biggest cost factor, but the rise of e-commerce has made these costs more important for distribution centers as well.
site-selection  site-selection-factors  economic-development  Matt  labor  labor-costs  workforce  manufacturing  e-commmerce  distribution-centers 
november 2015 by areadevelopment
GM commits to spend $8.3 billion, upgrade 12 U.S. plants under UAW pact - Automotive News
The UAW’s tentative labor contract with General Motors includes a commitment to spend $8.3 billion over four years on upgrades to 12 U.S. plants, along with the union’s first significant wage increases in a decade and an $8,000 signing bonus to persuade workers to support the package.
GM  UAW  organized-labor  Around-the-web  this-week-328  labor-costs  labor-agreements 
october 2015 by areadevelopment
Are Robots Really Taking Jobs? - Automation World
As robots moved from science fiction to industrial reality, the biggest complaint about them was that they eliminated good jobs. However, evidence is beginning to mount that this isn’t the case.
automation  manufacturing-automation  labor  workforce-development  labor-costs  skilled-labor  advanced-manufacturing  this-week-326  Around-the-web 
october 2015 by areadevelopment
UAW deal to slow, not reverse manufacturing wage slump - Detroit Free Press
The new agreement between the UAW and Fiat Chrysler will bring new and older workers to parity over eight years, but it won't necessarily end a more than decade-long decline in U.S. manufacturing wages, according to labor economists and other researchers.
UAW  fiat-chrysler  organized-labor  labor-costs  automotive-industry  Around-the-web  this-week-326  auto-sfp-10-15 
october 2015 by areadevelopment
Skills, not unions, will grow the economy - AEI
High levels of income inequality and low rates of wage growth in the economy are sometimes blamed on a decline in labor unions. But do union actions, however well-intentioned, always result in the best outcomes for workers and help grow the economy? Recent evidence would suggest otherwise.
industry-organizations  organized-labor  workforce-development  skilled-labor  labor-costs  Around-the-web  this-week-321 
september 2015 by areadevelopment
$15 Minimum Wage Threatens 5.3 Million US Manufacturing Jobs - Forbes
There’s three ways that manufacturing jobs can be affected by an increased minimum wage. One, like the service jobs, is simply that employers automate more or try other ways of simply using less labour. But there’s two more which affect manufacturing in a manner that services are not subject to.
u.s.-manufacturing  minimum-wage  labor  labor-costs  Around-the-web  this-week-321 
september 2015 by areadevelopment
Wal-Mart suppliers grapple with ‘Made in USA’ label challenge - Bangor Daily News
Harold Sirkin, a managing director at Boston Consulting Group, said Wal-Mart’s drive to buy American, and similar moves by big importers such as sportswear maker Nike Inc., are, in part, a response to Chinese labor costs that have hit 61 percent of U.S. levels, compared to 17 percent of U.S. levels 15 years ago. When supply chain and transport costs are figured in, American manufacturers can now compete, he said.
backshoring  wal-mart  nike  u.s.-manufacturing  labor-costs  global-supply-chain  this-week-314  Around-the-web 
july 2015 by areadevelopment
Unpaid internships: Support beams for the glass floor - Brookings Institution
Unpaid internships are increasingly controversial, seen by opponents as exploitative and unfair, but by supporters as a mutually beneficial arrangement between ambitious young adults and open-minded employers.
workforce-development  labor  labor-costs  internships  Around-the-web  this-week-313 
july 2015 by areadevelopment
Can American Manufacturing Afford A Raise? - Manufacturing.net
In a recent blog post, A Hard Day’s Work deserves a Fair Day’s Pay, Obama explains his plans to extend overtime protection to nearly 5 million workers in 2016, covering all salaried workers making up to about $50,400 next year.
labor-costs  u.s.-manufacturing  government-policy  this-week-313  Around-the-web 
july 2015 by areadevelopment
Prison labor helps U.S. solar company manufacture at home - Reuters
One of the largest companies to manufacture solar panels in the United States uses a surprising resource to keep costs low and compete against producers from China: prison labor.
workforce-development  labor-costs  Georgia  solar  green-economy  this-week-309  Around-the-web  labor 
june 2015 by areadevelopment
The lies, damn lies, and statistics behind the boom in America’s right-to-work laws - Quartz
A bevy of “right-to-work” laws has been introduced in state legislatures across the United States this year. The legislation has generated intense debate and contention, making headlines across the country. What was most alarming about the parade of bills introduced this year, however, was how their proponents manipulated facts in order to propel them through state legislatures.
this-week-304  Around-the-web  right-to-work  labor  labor-costs  organized-labor  government-policy 
may 2015 by areadevelopment
Manufacturing's Wage and Job-Security - IndustryWeek
The frustration among manufacturing leaders is palpable. After years of attempting to solve the skilled worker shortage and rehabilitate manufacturing's image, problems persists. Worse, it's getting complicated.
labor-costs  manufacturing  this-week-300  around-the-web 
april 2015 by areadevelopment
Critical Site Selection Factor #3: Labor Costs vs. Quality Dilemma
Although still of great importance, labor costs have taken a back seat to other factors.
labor-costs  site-selection-factors  q4-2014 
december 2014 by areadevelopment
Reshoring: Why It’s Not Easy - Brookings Institution
In an era when clustered capabilities matter as much as labor or energy costs, the United States has a lot of work to do to rebuild its network of regional industrial ecosystems. Whether it can manage that will determine a lot about how the reshoring opportunities plays out, metro area by metro area.
innovation-hubs  industry-clusters  reshoring  industrial-ecosystems  labor-costs  energy-costs  this-week-279  around-the-web 
october 2014 by areadevelopment
The Myth of Industrial Rebound - NYTimes.com
Manufacturing would benefit from the same reforms that would help the broader economy: restructuring of our loophole-ridden corporate tax code, new policies to bring in skilled immigrants, added spending on infrastructure and, yes, more trade agreements to encourage foreign direct investment and help get closer to Mr. Obama’s seemingly unattainable goal of doubling our exports.
opinion  u.s.-manufacturing  jobs  government-policy  workforce-development  labor  organized-labor  labor-costs  this-week-247  around-the-web 
january 2014 by areadevelopment
Made in the USA: Manufacturing is back - The Boston Globe
Companies have five key criteria when deciding where to locate factories: first, they want a manufacturing site that’s close to developers and suppliers to reduce the time from design to production; second, they want to be near technology development so they can take advantage of process innovations and facilitate product variety; third, they want proximity to their consumers; fourth, they want a place with low transportation costs to suppliers and markets; and finally, they want a location with reduced production costs, essentially where labor is cheap. The United States wins on most of these fronts — a reality that many companies grasp.
u.s.-manufacturing  backshoring  labor-costs  innovation  tech-transfer  innovation-hubs  supply-chain  this-week-246  around-the-web 
january 2014 by areadevelopment
United Auto Workers at Volkswagen Chattanooga factory - Automotive News
The UAW has pushed VW to accept a German-style labor council at the plant in Chattanooga, which would require the involvement of the U.S. union under American labor law.
automotive-industry  organized-labor  labor  labor-costs  UAW  volkswagen  tennessee  this-week-245  around-the-web 
january 2014 by areadevelopment
Has China Lost its Low-Cost Edge? - Supply Chain 24/7 Paper
Chinas Low-cost Edge. What does this mean for your supply chain? Should you be concerned?
china  labor-costs  skilled-labor  this-week-240  around-the-web 
november 2013 by areadevelopment
Resurgence in US manufacturing: The availability of talent - pwc
Recent trends in our domestic environment support the hypothesis that there is a manufacturing resurgence in the US.
labor-costs  u.s.-manufacturing  around-the-web  skills-gap  this-week-229  skilled-labor 
september 2013 by areadevelopment
China’s manufacturing advantage over the USA disappearing – Manufacturers’ Monthly
China’s labour costs per unit are tipped to overtake the United States in 2015 and Australia’s productivity decline in manufacturing is even more pronounced, according to research by Hong Kong-based investment group CLSA.
labor  manufacturing  labor-costs  around-the-web  business-globalization  this-week-223  china 
july 2013 by areadevelopment

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