World-Wide Hourly Compensation Comparison

The 2010 worldwide hourly compensation cost comparison is finally in. So we can see how the wages stack up between 34 different countries. Not surprisingly many European Countries have higher employment costs than the U.S. because of their massive social programs. This of course makes them less competitive in the world market. Surprisingly, in 2010 […]

Workers Compensation Costs for December 2010

January 28,2011 The Bureau of Labor Statistics released the data on compensation costs today. Compensation costs for civilian workers increased 2.0 percent for the 12-month period ending December 2010. The majority of the increase came from an increase in benefits costs, i.e. primarily retirement costs. Benefits costs were up 2.9% compared to a 1.6% increase […]

Factories Expand 17 Consecutive Months, Jobs Don’t

Today I’d like to welcome Mike Shedlock aka. “Mish”. He is a registered investment advisor representative for SitkaPacific Capital Management. He has graciously allowed me to reprint his article that answers the question “Can we expect more factory jobs out of the current expansion?” He includes some compelling arguments on why unemployment isn’t falling.  Tim […]