Archive > 1994 > January/February 1994 > Cutting Down On Labor Costs

Cutting Down On Labor Costs - January/February 1994

The article "Cutting Down On Labor Costs" appeared in the January/February 1994 issue of Gear Technology.

What can be done about the rising cost of labor? Mr. Robert Reich, U.S. Secretary of Labor, has already indicated the administration's intention of pushing the minimum wage from $4.25 to $4.50 per hour and indexing it for inflation. That means that every jiggle in the inflation chart will push the minimum wage higher.

business, mangement, management matters, labor costs

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