tag:blogger.com,1999:blog-2098432983500045934.post6726744863904845388..comments2024-03-12T22:19:32.339-04:00Comments on The New Arthurian Economics: Unit Labor CostThe Arthurianhttp://www.blogger.com/profile/16501331051089400601noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2098432983500045934.post-34005917343653867602011-12-27T20:25:39.303-05:002011-12-27T20:25:39.303-05:00A definition from http://business.yourdictionary.c...A definition from <a href="http://business.yourdictionary.com/unit-labor-cost" rel="nofollow">http://business.yourdictionary.com/unit-labor-cost</a>:<br /><br /><b>unit labor cost business definition<br /><br />An important measure of productivity calculated by dividing total labor compensation (including benefits) by real output. An increase in unit labor costs will result in a reduction in profitability unless a firm can pass along higher labor costs to its customers. Economists view increases in unit labor costs as an important indicator of potential inflation.<br /></b><br /><br />I don't see that in the graphs, at all.The Arthurianhttps://www.blogger.com/profile/16501331051089400601noreply@blogger.comtag:blogger.com,1999:blog-2098432983500045934.post-24894869375767180702011-12-27T11:54:21.411-05:002011-12-27T11:54:21.411-05:00By some strange cincidence, I just made a post tha...By some strange cincidence, I just made a post that is almost, but not quite, exactly unlike yours.<br /><br />http://jazzbumpa.blogspot.com/2011/12/more-fun-with-fred.html<br /><br />Cheers!<br />JzBJazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.com