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ASEAN can no longer compete on low labor costs alone.
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What is the downside to "low labor costs"?
Yet after decades of basing its economy on its low labor costs, Portugal was hit hard by the eastward expansion of the European Union and the loosening of trade barriers with Asia.
"There are no unions, low labor costs.
Low labor productivity.
New Zealand might not have the low labor costs that benefit other developing tech regions, or the highly qualified talent that others lean on.
If they do, some businesses fear a labor crisis, says Laura Reiff, cochair of the Essential Worker Immigration Coalition, whose members depend on low-skilled labor.
A minimum wage is a tax on low-paid labor.
A particularly tricky dilemma is facing farmers and other businesses nationwide that rely on low-wage labor.
Irish immigrants, not Negro slaves, built the levees; the Negroes, bought at high prices to work cotton, were mostly too valuable to use on low-pay labor.
Government officials are hopeful that high-tech companies will take the place of the factories that rely on low-scale labor.
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