News for hackers. Stuff that matters.

A comment on Let G.M. go bankrupt. Parent comment

Re:Let G.M. go bankrupt by Dilpil on Saturday November 08, 2008 @09:40AM (#357569)
Not that I don't believe you, but some sources for that would be nice. I've suspected this was true, but I've never seen a real in depth analysis and explanation of it.
[ Parent | on HN ]
Re:Let G.M. go bankrupt by jeroen on Saturday November 08, 2008 @09:56AM (#357579)
From 1996: http://query.nytimes.com/gst/fullpage.html?res=9507E1DE1239F...

"The company estimates its hourly cost of labor at $43"

2005: http://www.npr.org/news/specials/gmvstoyota/

"Average Labor Cost per U.S. Hourly Worker $73.73"

I can't find anything more recent.

[ Parent | on HN ]
Re:Let G.M. go bankrupt by nihilocrat on Saturday November 08, 2008 @04:39PM (#357859)
From the NPR source:

"Average Hourly Salary for Non-Skilled, Assembly Line Worker: GM: $31.35/hour NOTE: Includes idle workers still on payroll and those on protected status."

Just clearing things up for people who don't understand that labor cost != wages.

[ Parent | on HN ]