cost of labor
The top 500 companies in America grew their profits last year by 31.7%. Meanwhile, they added only .7% to their workforce. Wal-Mart, the nation’s revenue leader kept their headcount level. Why all of this record growth with little or no addition to the workforce?
Earlier this year the Supreme Court heard oral arguments in the Hobby Lobby vs. Sebelius case. Hobby Lobby is faced with what some would call a moral dilemma. Hobby Lobby wishes to provide healthcare for their workforce of over 22,000. But they don’t choose to offer coverage for aborticant drugs. Their choice is to either drop… Continue reading