Word: laborers
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...with costs averaging $10,000 per employee (about $6,000 for singles and $14,000 for those supporting a family). "I expect that by January, the number of people without health insurance will rise above 50 million as companies scale back," says Bruce Raynor, president of Unite Here, a labor union that represents half a million workers in a variety of industries. (Read "Putting Health Care on an Energy Diet...
...Shutting down plants and cutting labor are costly - it's one of the ironies of the auto business. Deutsche Bank estimates that GM would have to spend $12 billion to chop labor costs and compensate dealers who lose their franchises. That would lower GM's North American operating costs from the current $31 billion to $25 billion annually, says Deutsche Bank. (See pictures of the global financial crisis...
...that. We lost sight of it." That won't be easy, as long as major trading partners are themselves caught up in the slowdown; the U.S., for instance, buys roughly a fifth of Ireland's exports. It'll take some time, too, for exporters to redeploy resources such as labor freed by the housing slowdown...
Still, Ireland remains an attractive place to do business. It's blessed with a growing labor force of young workers, and it measures up well, too, in terms of taxes: its corporate tax rate of 12.5% is one of the E.U.'s lowest, while levies on labor and capital stack up well against rivals. That's one reason the world's second biggest advertising firm, WPP, announced in September that it plans to shift its headquarters from the U.K. to Ireland; and why pharmaceutical company Shire and publishers United Business Media both announced similar plans earlier this year. The arrival...
...think. The exhibit, hosted by the Peabody Museum, presents the cumulative work of three different anthropology classes in uncovering the history hidden beneath Harvard’s soil. Monday’s reception offered student curators and faculty advisors a chance to share the fruits of their three-year labor and thank various Harvard sponsors. Nathaniel H. Amdur-Clark ’09, a student curator, called Digging Veritas “the beginning of a lot of opportunities for students.” The digs began in 2005 with the help of faculty in the anthropology department...