[central_va]

Actually it was about sports shoes and he stated labor is the biggest part of manufacturing, like it was a given. It is not a true at all.

[Reeses]

The average annual revenue per employee is roughly $100,000 for small businesses, $200,000 for medium, $300,000 for large. Gross margins and employee costs vary greatly but labor costs are significant for many businesses.

The price of robots and automation falls about 10% per year. At some point in the not too distant future, robots will be cheaper than most human labor. That's a good thing until the robots become sentient and decide they don't need so many pets anymore.