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"We are probably very close now to the Chinese unit labour cost," he says.
The company has the highest labour cost in the US auto industry.
Ford's hourly labour cost, including wages, benefits and pensions, was $58 last year.
It will cost 15p more on the labour cost of each pair of jeans.
This increases production per acre, lowers labour cost, increases early yields, and facilitates access in maintenance and harvesting.
"Britain's real skill is putting together superbly engineered products where our high labour cost isn't important," Mr Cooke says.
In Hungary and Germany the wedge is over 50% of total labour cost, though it fell last year.
"The factory owners must take labour cost into their calculations and make sure their workers get a living wage.
Labour cost would increase by 8%to9%9% as a result even before other pay rises, she said.
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Fig. 3 Correlation of EPL strictness and firms' chosen labour cost-cutting strategy.
Fig. 4 Correlation of union coverage and firms' chosen labour cost-cutting strategy.
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