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That is, China's trade surplus with the United States is better explained by its low cost labor supply and limited consumer spending than the value of its currency.
This shortage is met either by attracting skilled, but relatively low cost, labor from developing countries or by outsourcing work to them.
"Western companies accessed Poland to exploit low cost labor and sent the profits back to their own countries," he said.
Now corporations can legally and directly profiteer due to the existence of a Black dominated free to low cost labor force.
Similar(52)
The next-generation sequencing technologies provide a low cost, labor-saving and rapid means for transcriptome sequencing and characterization.
During its economic boom, Spain epitomized Europe's hunger for low-cost labor.
Ms. Bracco seems to believe that rich people's desire for low-cost labor supercedes laws.
But where others saw problems, she saw charm and low-cost labor.
The companies value India for its widespread use of English and low-cost labor.
An unfettered supply of low-cost labor has powered the robust growth enjoyed by Gulf economies.
"We're not replacing low-cost labor," said Brad Kayton, Vgo's chief executive.
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