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Price increases have followed to pay for the higher wage costs.
A 25 percent increase in wage costs will mean significant job destruction.
Of course the very high wage costs have been invoked.
However wage costs and social security are far higher than those in Morocco.
Companies will then raise prices to cover the higher wage costs.
So much more is required than simply invoking high wage costs.
"Inflation still looks low, and with wage costs rising by less than 3 percent, it does not seem likely to increase much."
He said the tight labor situation had bid up the company's wage costs.
Bearing down on wage costs, and hope they export their way out of trouble.
If private business cannot thrive with such low wage costs then unemployment can only grow.
Productivity is up nearly 2 percent from a year ago, and wage costs, while drifting higher, show no signs of taking off.
They could not tolerate a further increase in ancillary wage costs.
Germany has a slightly lower rate at 8.1 percent, but its wage costs are nearly double Britain's.
The resistance, she said, comes in part because employers say they cannot raise prices to cover higher wage costs.
In Missouri, wage costs are about half the German level.
That after all may lead to lower indirect wage costs, enabling more jobs to be created in Europe.
Wage costs are hurting the Greek yachting industry as well.
Some economists even warned that inflated wage costs would price American products out of the world market.
Why are employers prepared to take on illicit workers when they cannot offset the wage costs against tax?
In addition, the wage costs were more favourable to Mediterranean competitors.
Labor shortages are growing and pushing up wage costs.
It also shows that industries won't be facing a lot of wage costs."
But electrical contracting business fell 5%, despite lower wage costs.
In addition to rising wage costs, other cost increases may be sources of inflationary pressure.
The European Union cannot and must not compete at global level on the basis of wage costs.