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Both approaches incur higher wage costs. Although 2nd-shift worker efficiency levels are typically 3–5% below 1st shift, and 3rd shift 4–6% below 2nd shift, the productivity level, i.e. cost per employee, is often 25% to 40% lower on 2nd and 3rd shifts due to fixed costs which are "paid" by the first shift. [48]
After the end of World War II, West Germany surpassed France in the employment of skilled labor needed at a time when industrialization was sweeping Europe at a fast pace. West Germany's preponderance in the training of skilled workers, was the main factor to outweigh the balance between the two countries.
By 1916, the Trane's were no longer in the plumbing business, but instead focused their attention on manufacturing heating products. Reuben's invention of the convector radiator in 1923, which replaced the heavy, bulky, cast-iron radiators that prevailed at the time, was a major success. Trane's first air conditioning unit was developed in 1931.
Non-degreed candidates hired into roles that dropped degree requirements have a 10-percentage point higher two-year retention rate vs. their college-educated co-workers, saving businesses the ...
The Job Corps was originally designed by a task force established by Labor Secretary Willard Wirtz reporting to Manpower Administrator Sam Merrick. [5] In 1962, the youth unemployment rate was twice the non-youth unemployment rate and the purpose of the initiative was to create a program whereby Youth members of the program could spend half of their time improving national parks and forests ...
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