There are just over a million people who make Nikes in 591 factories worldwide, according to the company, with production tilted heavily toward
the cheap labor markets in Asia.
Increasing competition and pressure on transnational companies to increase profits leads to a relentless search for
cheap labor markets.
The impact will be much broader, as soaring transport prices encourage higher - cost local production to replace sourcing from
cheap labor markets halfway around the world.
Not exact matches
«Rapidly urbanizing cities in the frontier
markets of Africa and Southeast Asia will benefit from favorable demographics,
cheap labor and a rising middle class,» said LaSalle's Gordon.
Substantially lower
labor costs have enabled the company to produce
cheaper cameras and counter the Japanese in most foreign
markets.
To combat a tightening talent
market, companies must focus on improving productivity and operational efficiencies, rather than relying on
cheap and plentiful
labor, as some have in the past.
Race to the bottom: A term for dog - eat - dog competition by which countries compete by cutting wage levels so as to produce in the
cheapest market, not by raising wages and
labor productivity.
It was often
cheap labor in emerging
markets that, more than two decades ago, led companies in developed
markets to move company jobs away from the home country either to company owned facilities (off - shoring) or to third parties (out - sourcing) in developing
markets.
Sluggish spending came despite
cheap gasoline and a buoyant
labor market, leaving economists to speculate that consumers were using the extra income to pay down debt and boost savings.
In a world of
cheap emerging
market labor and ever - more - dexterous robots, inflation — especially the wage - driven variety — seems like yesterday's news.
Book Review: Reefer Madness: Sex, Drugs and
Cheap Labor in the American Black
Market.
Other goods will, over time, be withheld if they do not command a reasonable price, but the
cheaper labor is, the less it will be withheld, because people have to live, and to hedge against the falling wages and unemployment which are always characteristic of a glutted
labor market.
Today the most intense competition in the globally integrated
market is not between the gigantic Transnational Corporations, but it is between governments that find themselves competing with one another for investors by offering the
cheapest and most compliant
labor; the weakest environmental, health, and safety standards, the lowest taxes; and the most fully developed infrastructure.
Where
labor is
cheap, the
market is flooded with it, assuring that it will remain
cheap.
He wasn't like Ronald Reagan, who took on Communism; Nixon didn't try to CHANGE China, he saw it as a source of
CHEAP LABOR and a
market for his big business pals.
@Lubo šMotl China is a big, growing
market with
cheap labor.
The academic research enterprise has long functioned as a pyramid scheme based on
cheap workers, notes
labor market economist Paula Stephan in her magisterial book, How Economics Shapes Science.
~ Shawn Achor As the owner of a coaching business, you're more than just a certified life coach; you're also the
marketing department, the CEO, CFO and the
cheap labor.
Saturna argues that The
Market May Be
Cheaper Than It Looks because the Consumer Price Index (CPI) provided by the Bureau of
Labor Statistics (BLS) understates the true rate of inflation, a key -LSB-...]
Contrast the U.S. situation with that of India and other emerging
markets where the
labor force is young, deep and relatively
cheap.
Saturna argues that The
Market May Be
Cheaper Than It Looks because the Consumer Price Index (CPI) provided by the Bureau of
Labor Statistics (BLS) understates the true rate of inflation, a key input to the CAPE calculation:
The European region holds the maximum share in photonic sensors
market as of 2011; but APAC region is expected to contribute the major share in future on account of low manufacturing cost,
cheap labor, and technological competence.
Benefiting from access to
cheap power and
labor, Georgia is positioned to continue gaining
market share should Chinese miners be forced to abandon operations.
The trend of going to secondary
markets for
cheaper labor or rents hasn't really hit the life sciences sector.
«The demand for leases and new construction projects is expected to slowly climb as businesses add to their payrolls and consumers reap the benefits of
cheaper gas and any accompanying wage growth from a tighter
labor market,» he said.
However, secondary cities including Phoenix, Austin, Texas and Raleigh - Durham, N.C. are starting to show tremendous growth in office demand from tech tenants as well, as firms look for
cheaper, but still urban - orientated,
markets that will offer fresh
labor pools, but with lower operating costs.
In fact, Corporate Real Estate 2010's (CoRE 2010) focus in the strategic location arena reveals that corporations are treating their location decisions more seriously, integrating them with global corporate strategies, and prioritizing them along the lines of proximity to customers and suppliers, to emerging
markets, and to knowledge workers, as well as the accompanying de-emphasis on access to
cheap labor, as a Gallup survey on CoRE 2010 indicates.
Cheap labor costs make Orlando one of the least expensive
markets for prepping a house to sell, although Florida taxes on sales are almost double the national average.