Monday, July 26, 2010

Report Finds Labor Laws Restraining Europe

Wall Street Journal
July 26, 2010

European businesses are struggling to compete with their U.S. rivals who are far more agile at maximizing profit from their investment in people according to new research that warns firms in the EU are being hampered by strict labor laws.

The findings, from a report on the efficiency of employees by PricewaterhouseCoopers, shows that Western European companies are failing to compete with their global rivals and lack the key skills to operate in the new global business environment.

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