The total number of American workers in the manufacturing sector has been on the decline for many years now. Though the sector has seen a slight uptick in the past couple of years the long-term trend line is down. However one of the sectors that has been booming in recent years in terms of workers …
Continue reading ‘Number of US Workers in Government vs. Manufacturing: Chart’ »
The average hourly wage for auto workers in Mexico is increasing according to a recent article in the journal. Major automakers expanding or opening factories there are offering higher wages, benefits and incentives to attract workers. The competition among auto makers to attract and retain auto workers is high. Global auto manufacturers flock to Mexico …
Continue reading ‘Average Hourly Rate for Auto Workers in Select Countries’ »
Smoking rates have declined by one fourth since 2000, according to a report by the OECD. About 19% of the daily population smoked daily in 2014, the latest year for which data is available. But the rate varies widely across OECD member nations. Click to enlarge Source: OECD The former Soviet republic of Lativa has …
The US is considered as the most competitive market in the world. However in reality most of the major industries are a form of monopoly or oligopoly. When industries are dominated by one company or a handful of companies customer suffer as prices inevitably increase due to pricing shower and lack of competition. But investors and management …
Continue reading ‘On The Monopoly and Oligopoly Madness In Most US Industries’ »
Social spending includes various benefits offered by a country to its residents such as healthcare, pensions, social security, food stamps, relocation money provided to refugees, funding for community activities for illegals, etc. This expenditure varies widely across OECD member countries. Click to enlarge Source: OECD France tops the list with social spending amounting to over 31% …
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