Also, I have sometimes wondered if stock returns will fall when the whole world is employed, and there is
no more cheap labor to be had.
The government does want
more cheap labor and they have all the power.
Not exact matches
China taps its resources
more aggressively than any country, thanks to
cheap labor, high demand and money to spare.
Meanwhile, immigration restrictions make it
more difficult to import the
cheap labor that would be competitive with overseas operations; for an example, see the debacle now taking place in Alabama after the enactment of a draconian immigration law.
The value of that box was
more than $ 100, and given the low margins on food products, the
labor involved with individually wrapping ingredients and the costly Styrofoam packaging with cool packs, this clearly was not a
cheap giveaway.
Wells Fargo is under investigation by the
Labor Department, which wants to see whether the bank has been pushing people with
cheaper corporate 401 (k) plans to transfer their holdings to Wells's
more expensive individual retirement plans.
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.
Places with
cheap labor can not industrialize on their own, and they can always throw warm bodies at the problem as it usually
cheaper to hire
more workers than rethink processes, design machinery and roll out new systems.
Slowing the stream of
cheap labor from Mexico and other Latin American countries, coupled with raising new tariffs at the border, should have the effect of making consumer goods and services
more expensive.
In a world of
cheap emerging market
labor and ever -
more - dexterous robots, inflation — especially the wage - driven variety — seems like yesterday's news.
Many factories that were once employing U.S. workers are now located across the Rio Grande where
labor is
cheaper and
more docile.
Globalization is the era of mega-competition, in other words, the competition among giant TNCs which accelerates the race for the bottom to make TNCs acquire
more profit by further exploitation of
labor including lowering the wages, cutting the welfare benefits, laying off employees, depriving workers of their
labor rights, using
cheap labor such as casual and even child
labor, and also by further destruction of environment.
As an alternative to overpacking landfills or recycling domestically, some industrialized countries have found it
more convenient and
cheaper to export e-waste to developing countries, such as China and India, where
labor costs are low, and occupational and environmental laws are lax or not well implemented.
It of course means
more labor but many times raw, real food are
cheaper than processed (i.e. potatoes and fries).
Unfortunately, the west can no longer use physical slavery and apartheid with free
cheap labor any
more so they have shipped all their industries to
cheap developing nations in far east.
Some research leaders have suggested that labs should rely
more on staff scientists and less on the
cheap labor of graduate students and postdocs.
~ 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.
Oskar Schindler was an enterprising, womanizing Nazi Sudeten - German industrialist / opportunist and war profiteer, who first exploited the
cheap labor of Jewish / Polish workers in a successful enamelware factory (Deutsche Emailwaren Fabrik or D.E.F.), and eventually rescued
more than one thousand of them from certain extinction in
labor / death camps.
By strategically substituting technology (which is
cheap) for
labor (which is expensive), moreover, schools can be far
more cost - effective than they are now — which is crucial in a future of tight budgets.
Curricula, teaching methods, and schedules can all be customized to meet the learning styles and life situations of individual students; education can be freed from the geographic constraints of districts and brick - and - mortar buildings; coursework from the most remedial to the most advanced can be made available to everyone; students can have
more interaction with teachers and one another; parents can readily be included in the education process; sophisticated data systems can measure and guide performance; and schools can be operated at lower cost with technology (which is relatively
cheap) substituted for
labor (which is relatively expensive).
At a minimum this requires new technologies and new techniques, the substitution of capital for
labor, and the substitution of
cheaper for
more expensive
labor.
The previous poster have great examples of rotors in need of replacement but I worked as a mechanic for years and rotors have become so
cheap for most vehicles the easiest thing to do is replace them as paying someone to resurface often costs
more on
labor than buying new rotors.
The down fall to the blazer is it is old so many
more things can go wrong with it but on the brighter side it is old so parts are
cheaper and
labor is a lot less or you are able to work on it yourself.
While generic parts may be as much as 38 %
cheaper to buy, they could cost you
more in terms of
labor.
China enjoyed
more than a decade of double - digit economic growth based on
cheap labor and massive exports, and its massive population of industrious people, directed by its powerful central government, has created a booming middle class eager to achieve the prosperity of developed nations.
Many antibiotics that are
cheaper have been shown to be less effective, which leads to
more cattle re-treats and higher medication and
labor costs.
This is astronomically
more likely to occur in developed countries with high
labor costs where it is
cheaper to fork over your room and board than to pay a hired laborer the minimum wage.
Whereas much of China's early industrial development took place along the coast, factories
more recently have been locating where
labor is
cheaper and environmental oversight is less strict, pushing the so - called «cancer belt» inland.
It is also that capitalogenic global warming (CGW) has done fundamental and irreversible damage to agricultural productivity — primarily through
more pervasive and crippling global droughts, along with help from the development of herbicide - resistant and CGW - friendly «super weeds» and antibiotic - resistant livestock diseases — so that a return to
cheap food, a requirement for a re-expansion of
cheap labor, may be impossible.
Daniel T. Schwartz, Director of the University of Washington's Clean Energy Institute, said a commitment to renewable energy by major companies like Starbucks will ultimately impact the cost of clean electricity across the board: «Everyone responsible for building a clean energy system — from the people that permit the project to the engineers and construction
labor that builds it — learn from each project, so the
more renewable energy generation facilities that get built in the US., the
cheaper they get for everyone else to buy and use.»
Each of the other Big 4 firms has implemented its own artificial intelligence - based systems to complete faster,
cheaper, and
more accurately various
labor - intensive tasks that have historically been staples of accounting practices: KPMG, Deloitte, and PwC.
Hollywood studios are also seeking
cheaper labor, which forces VFX companies to open satellite offices in places like Canada, where the US dollar is worth
more, and locations that offer significant tax breaks.
Costs for long term and short term repairs are similar between
cheap and
more expensive properties because of the cost of materials and
labor.
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.