Exact(10)
As Americans spent less, companies cut jobs and reduced their investment in equipment, software and buildings to trim their costs.
When commodities were in demand, Indonesia's business environment mattered less: companies that wanted tin and copper had to go wherever they could be found.
Kyoji Fukao, an economist at Hitotsubashi University in Tokyo, says that by paying workers less, companies have in essence boosted their productivity growth (by around 1.5%, according to preliminary data).
"The more that free movement of people is allowed between countries, the less companies need to offshore," says Darryl Green, one of Manpower's presidents.Agencies providing temporary staff, such as Manpower, play their part, allowing firms to treat workers as a flexible resource not a fixed cost.
On the flip side, when the middle class doesn't share in the economic gains, it results over time in a downward vicious cycle: Wages stagnate, workers buy less, companies downsize, tax revenues decrease, government cuts programs, workers are less educated, unemployment rises, deficits grow.
At that first markdown each season, often 33% or less, companies are still making money.
Similar(50)
"Men want boots they can wear to work, something that's less company-guy than a dress shoe.
"All it means is there is one less company that might do a deal with them," he said.
With AT&T no longer fighting for consumer dollars, there will be one less company to haggle with.
Today, though, Williams has a little less company in the "held in great disdain category" because Burnett has broken out of that.
Two men are on Luis Fabiano, so he passes to Kanoute who has less company and he only needs to tap it past McGregor.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com