This is the 5094th most frequent German word.
arbeitskosten
"Arbeitskosten" means "labor costs" in English.
In this sentence, 'Arbeitskosten' refers to the general expenses associated with labor, such as salaries and benefits.
Die Arbeitskosten sind in dieser Branche relativ hoch.
The labor costs are relatively high in this sector.
Here, 'Arbeitskosten' is used in a context discussing the strategic reduction of expenses related to labor for economic reasons.
Wir müssen die Arbeitskosten senken, um konkurrenzfähig zu bleiben.
We need to reduce labor costs to remain competitive.
The term 'Arbeitskosten' in this case highlights the estimated financial requirement for the workforce involved in a specific project.