Remarks at the State University of New York at New Paltz, New Paltz, New York.

Remarks at the Dutchess County Regional Chamber of Commerce, Fishkill, New York.

Remarks at the Dutchess County Regional Chamber of Commerce, Fishkill, New York.

Remarks at the State University of New York at New Paltz, New Paltz, New York.

This paper presents a comparative study of the level of unit labor costs in the manufacturing sectors of several countries. The paper begins by surveying earlier estimates of relative productivity and unit labor cost levels and evaluating the various methodologies that have been used in previous...

A review of how moderation in U.S. manufacturing labor costs and record growth in manufacturing productivity have helped to improve the U.S. trade deficit in recent years, and an evaluation of how well domestic producers have performed relative to their major trading partners.