Feb. 3 at 8:07 a.m.
Filed under:
Economy
By Associated Press
The work force was more efficient last year with productivity rising at the fastest pace in eight years. Labor costs fell for a second straight year, something that hasn’t happened in nearly five decades.
Productivity, the amount of output per hour of work, rose a strong 3.6 percent in 2010 after a 3.5 percent gain in 2009, the Labor Department reported Thursday. Both years represented the best showing since 2002. Labor costs dropped 1.5 percent last year after a 1.6 percent decline in 2009. Get the full story »
Aug. 4, 2010 at 3:24 p.m.
Filed under:
Autos,
Jobs/employment,
Updated
By Associated Press
(Zbigniew Bzdak/Chicago Tribune)
It’s the roar that made Milwaukee famous — the distinctive throaty rumble of a Harley-Davidson motorcycle. But that much-loved racket could be rumbling away to another state if the company cannot bring down its labor costs.
Harley-Davidson warned employees in April that it will move its Wisconsin manufacturing operations elsewhere if it cannot cut millions of dollars at the factories that build the bikes known as “Milwaukee Iron.” Get the full story »
