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"And there was cheaper labor in Brazil".
Some airlines sent work overseas in search of cheaper labor.
But he said that the initial reason for leaving Spain — cheaper labor costs elsewhere — was dwindling.
"You can get cheaper labor in other countries," said Rudi Lenz, chief executive of Sun Chemical.
When recruiters do find what they are looking for, a bonus often comes attached: cheaper labor.
"They aren't about trade, they're about helping companies move their factories to countries with cheaper labor".
Thanks to cheaper labor, Geox had strong margins until the financial crisis hit, but now its performance has stumbled.
On the other, it hurts the workers who are brought into direct competition with cheaper labor overseas.
He argues persuasively that cotton's profitability explains Britain's takeover of Egypt, Walmart's success, the endless worldwide search for cheaper labor.
-Labor unions endanger the workforce in the United States because they encourage business to seek cheaper labor elsewhere.
"American workers are increasingly competing with increasingly skilled and always cheaper labor in emerging markets", said Lonski.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com