Labor Department statistics placed the average labor cost for
UAW-represented workers at the former DaimlerChrysler at $75.86 per
hour. For Ford it was $70.51 and for General Motors it was
$73.26.
That includes the hourly pay, plus the benefits
they?re receiving and all the other costs to General Motors, Ford and
Chrysler, including legacy costs ? retirement costs, pensions, and so
on ? so it?s looking at the total labor costs per hour worked for
workers.
For U.S. workers at Toyota, however, the per hour labor cost is around
$47.60, around $43 for Honda and around $42 for Nissan for an average of around $44.
Feeling better now about the bailout? Of course, there are those millions in donations to legislative races including our own senate race here in North Carolina.
