Hospital labor costs related to drug shortage management have significantly increased, from $359 million in 2019 to $894 million in 2024 — a nearly 150% increase, according to a Vizient report ...

Nonfarm productivity fell by 1.5% Q/Q in Q1, compared with the initial estimate of -0.8% and Q4 2024's -1.7%, according to data released by the U.S. Bureau of Labor Statistics on Thursday.

Rising costs, client conservatism Among the many factors eroding its margins, rising labor costs in countries such as Indonesia and Vietnam are having some of the most significant impact on Yue Yuen.

Manufacturers report higher employee costs and significant labor shortages; here are 3 ways they’re responding.

U.S. labor costs increased moderately in the first quarter as economic uncertainty caused by tariffs cools demand for labor.

Euronews takes a closer look at the significant differences in labour costs across the EU and the factors driving them.

Highest costs in Northern and Western Europe The highest labour costs are concentrated in Northern and Western Europe, especially when Iceland and Norway are included alongside EU member states.

Chief Economic Advisor (CEA) V Anantha Nageswaran has warned that India’s low labour-cost advantage is under threat due to advancements in technology across developed nations. Speaking at the ...

Employers in the resources sector are watchful of legal developments in 2025 that could significantly impact their labour strategies, particularly their ability to engage, utilise and remove ...

Rising construction costs and labor constraints threaten the sustainability of the recent rebound. Economic jitters fueled by trade policies and fiscal tightening are dampening buyer confidence.

After rising in the third quarter of 2024, following three consecutive quarterly decreases, combined parts and labor costs fell again by 1.6%.

Thankfully, there are other options to controlling labor costs beyond cutting staff, ranging from the latest in software to hiring foreign workers. Here are seven proven ways to reduce costs without ...