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Cost/Benefit Analysis: Europe vs. American Labor Laws

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Presentation on theme: "Cost/Benefit Analysis: Europe vs. American Labor Laws"— Presentation transcript:

1 Cost/Benefit Analysis: Europe vs. American Labor Laws
Global Labor Markets Cost/Benefit Analysis: Europe vs. American Labor Laws

2 New Labor Trends Today Labor is changing rapidly: United States:
Unions are declining Less “Job Security” Declining Manufacturing Jobs Rising Demand for Educated Workers Globally: Globalization: “free trade” with other countries China & India emerge as economic powers European Union forms common currency

3 Global Unemployment

4 World GDP Rates (2005) World 4.40 United States 3.50 Japan 2.40
France Germany Italy

5 CEO’s have never made So much money!
The Rich get Richer!

6 Income Distribution Bottom 20% Top 5% 1968 $7,900 $83,000
$7, $83,000 $7, $130,000 Change: + 1.0% +56.0% The pay gap widens!

7 Opportunity Cost/Benefit Analysis
Europe USA

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