Van Ours (2000) reports that hiring subsidies in Slovakia seem the most efficient active labor market policy.
Not only is free trade about higher living standards, but it's also about ensuring the most efficient deployment of labor.
At Ford's factory in Atlanta, which displaced the Toyota plant as most efficient last year, strong labor-management relations have permitted more attention to detail.
The most efficient way of accomplishing this labor transaction is the same way you buy a quart of milk.
In today's economy, corporations freely roam the globe for the most efficient, lowest-cost sources of supplies and labor, while American workers are told that the way to compete is constantly to improve their skills with training and education.
China is a win/lose situation for most consumer electronic's companies as it's an efficient labor force, but trade secrets spread like STDs in nursing homes.
The labor movement believed that the safest and most efficient way to provide insurance against ill health or old age was to spread the costs and risks of benefits over the biggest and most diverse group possible.
And risk also acts as a disciplining function, ensuring that capital and labor are being deployed in the absolutely most efficient way possible.
Novich even swabs his office bathroom and vacuums the rugs: "I'm the labor, so I have to find the most efficient way of doing everything".
The Atlanta plant was among the five most efficient assembly plants in North America, according to the most recent Harbour Report, a closely watched study of labor productivity.
