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Stories Tagged as

Labor costs

Labor costs are a key ingredient in food inflation

by Stephanie Hughes
Aug 11, 2023
And consumers of all income levels are adopting creative strategies to make their dollars stretch farther.
Generally, only 15% of the price of something like peanut butter goes to the farmer who produced the raw ingredients, says Chris Barrett, aprofessor of agricultural and development economics at Cornell. More goes to the production and transporting of the final product.
Justin Sullivan/Getty Images
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Keeping up with cat-flation and the rising minimum wage

by Nicholas Guiang
Feb 14, 2023
The entrepreneur behind a Florida cat cafe hopes 2023 brings reduced costs and many more adoptions.
The costs of cat care supplies have increased, and the owner of a cat cafe in Florida is looking for alternatives.
Andrew Burton/Getty Images
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For this Maine chocolatier, labor is the "No. 1 cost to stay competitive"

by Sean McHenry
Jul 13, 2022
"To keep our great team, we have raised our wages significantly," said Kristin Thalheimer Bingham, co-owner of Dean's Sweets in Portland, Maine.
Chocolate "bombs" being prepared at Dean's Sweets in Portland, Maine.
Kaitlin Toto Photography
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