Another factor that influences the price is the amount of labor, including includes fabrication and installation.
Under normal conditions real wages can increase with productivity even while the amount of labor is neither rising nor falling.
Unit labor costs -- the amount of labor expense to produce, say, a pair of shoes or a computer -- rose sharply in the first quarter.
Unit labor costs -- the amount of labor expense to produce goods and services -- rose at seven times the pace of the increase in wages.
Eight full-time gardeners work under the head gardener, which may seem like a lot until you grasp the amount of labor involved.
Golsorkhi says that fast fashion hasn't changed the amount of labor needed to make clothes or the waste created by their production.
Mark Pollack, the company's design director and an alumnus of the school, said he was "amazed by the range of techniques" he found there, and by "the amount of labor that went into them".
Despite the overall rise in work hours, the amount of labor supplied by children was an impressive 27percentt lower for families that were initially squatting in neighborhoods that introduced title reform early.
Ms. Field exploits the natural experiment created by the staggered introduction of title reform in different areas of Peru to test whether granting land titles increased or decreased the amount of labor supplied by squatters.
Two old land measures, the homme and the journée, for example, were based not on fixed dimensions but on the amount of labor a peasant could perform in a day.
Some of the job-killer scare stories are based on a deliberate misreading of a Congressional Budget Office report that estimated the law would "reduce the amount of labor used in the economy" by about 800,000 jobs.
