Discover what labor costs encompass, their categories—direct and indirect—and why they matter in pricing strategies to maintain profitability.

This week is a big week for inflation data: The Labor Department is putting out its latest consumer price index on Wednesday, the producer price index comes out Thursday and the import price index ...

Indonesia plans to raise minimum wages by about 5-7% in 2026 under a new formula signed into law by President Prabowo Subianto, a move that could test the country’s cost competitiveness in Southeast ...

Have you ever wondered how much the cost of employing someone varies across different parts of Europe? The answer is very wide. The maximum-to-minimum ratio is more than five times, showing the level ...

From 2021 to 2023, the construction industry faced a tumultuous economic climate, marked by a confluence of challenging trends that have tested the resilience of industry executives. This period saw a ...