Trends in the Cost of Labor in Marketing Farm Food Products (Classic Reprint)

Excerpt from Trends in the Cost of Labor in Marketing Farm Food Products Variations in the total labor cost reflect changes (1) in volume of farm food products marketed, (2) in the quantity and quality of services supplied by the marketing system, and (3) in wage rates and output per man-hour of labor. Total labor cost during the early l930’s declined more than either the number of employees or the volume of food products marketed; since the l930’s it has increased more rapidly than either (table From.1946 to 1955 cost of labor increased nearly 90 percent. Labor cost was about the same preportion of the national income in both years. Included in this cost are wages and salaries paid to employees, and imputed payments to proprietors and.family workers among the estimated number of Also included are supplements to wages and salaries paid by employers, such as payments to social insurance funds, private pension and welfare funds, compensation for injuries, and other minor items. Estimates of these supplements are based on U. S. Department of Commerce data. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.