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Moreover, the country's rising competitiveness in many sectors has made it an attractive export base.
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Psychologists say their patients are growing increasingly anxious over job uncertainty and the rise of cutthroat competitiveness in the office.
Salaries in Mexico are still higher, however, be it because of elevated transportation costs as a result of the price of fuel, or be it, also, because of the rise in real competitiveness in Mexico.
(The rising euro has diminished France's competitiveness in recent weeks, adding to its economic woes).
Political redistricting methods have been blamed for rising political polarization and falling electoral competitiveness in the House of Representatives.
The strengthening currency and rising wages in China have helped erode the country's competitiveness at a time when demand from export markets like the United States remains lackluster.
The survey of 459 manufacturers found that sterling's fall meant the UK's competitiveness in EU markets rose at the fastest pace since the survey began in 2000, with competitiveness outside the bloc also improving at the quickest rate since 2009.
Most strikingly, rising production costs in Brazil and China have lowered competitiveness and growth rates over the last few years.
The result is that unit labor costs, one measure of competitiveness between economies, fell in Germany while they were rising in other countries.
The competitiveness of American factories is helped by rising labor costs in East Asia — though wages there are still much lower than in the United States — and falling energy costs.
Rising wages in China and a gradually appreciating currency have also started to erode the country's international competitiveness.
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