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To take advantage of the growing pool of cheap workers, employers in certain sectors went on a hiring binge.
Even low-technology industries are interested: Yue Yuen is close to building its first shoe factory in India, attracted not only by the country's vast pool of cheap workers but also by efforts to set up special economic zones that offer tax breaks.Most observers reckon India's manufacturing evolution is ten years behind China's, but progress is unlikely to be as swift or as smooth.
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That push comes as economists point out that China's economic growth rate is likely to slow because its pool of cheap, young workers is dwindling as the population ages.
A big pool of cheap and diligent workers, along with the unleashing of entrepreneurial talents, has produced thriving new private businesses.
As in-depth reports have shown, despite its good intentions, the J-1 program has ended up supplying corporations with vast pools of cheap temp workers lacking benefits, many of whom have little grasp of their rights and the expectations of the American workplace.
They do the jobs, skilled and unskilled, that British workers will not do and they provide a pool of cheap labour that helps keep wages down and creates the "labour market flexibility" that is so prized by New Labour.
It comes from a huge pool of cheap labor.
After a while, of course, the pool of cheap labour begins to look enticing.
They had to compete with a bigger pool of cheap labor.
Is this a new pool of cheap labor for the factory towns?
For one thing, the pool of cheap labor is drying up.
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