• huge_clock@lemmy.world
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    1 year ago

    Employers compete for labourers, so they have to raise wages to attract employers in tight labour markets. Offshoring has been going on for decades but it’s slowing down as developing countries are becoming more wealthy (ie: China)

    • zbyte64@lemmy.blahaj.zone
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      1 year ago

      Right now the UAW is going on strike for those higher wages. CEO of Ford says those wages will bankrupt them. Is he telling the truth?