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China even with a population of 1.3 billion is facing a labor shortage. Just like here in the United States, many Chinese will not work certain jobs and they have increased their minimum wage by more than 30% in the last few years in an effort to attract more workers.
That increase in wages will translate to higher production costs which will affect the final price of goods negatively
SOLUTION? The only way China will be able to continue to produce cheap products will be by hiring workers from neighboring countries willing to work for less. I guarantee you, China will be creating an immigration plan in the next 5 years, since there is no shortage of workers in Vietnam and Indonesia willing to work for less.
Amazing.
The lengths that pro-illegal immigration (slavery) advocates will go to push their case never ceases to astound and befuddle my brain.
The unemployment rate rose to 5.0 percent in December, while nonfarm payroll employment was essentially unchanged (+18,000), the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Job growth in several service-providing industries, including professional and technical services, health care, and food services, was largely offset by job losses in construction and manufacturing.
Average hourly earnings rose by 7 cents, or 0.4 percent.
Unemployment (Household Survey Data)
The number of unemployed persons increased by 474,000 to 7.7 million in December and the unemployment rate rose by 0.3 percentage point to 5.0 percent. A year earlier, the number of unemployed persons was 6.8 million, and the jobless rate was 4.4 percent.
Interestingly enough, those who are in essence, innoculated from the consequences of illegal immigration, continue to beat the drum loudly for slave labor, while their fellow Americans, 7.7 million of them as a matter of fact, go jobless in this "new world economy" they've envisioned for themselves, i.e.; the "American Bourgeois."
7.7 Million Americans are out of work...oh well, let them eat cake, eh?
The lengths that pro-illegal immigration (slavery) advocates will go to push their case never ceases to astound and befuddle my brain.
Costs associated with labor force and hiring are by far the biggest operational expenses when running any business. Companies are in business to MAKE PROFIT. The most logical, rational way to increase profit margin is reducing costs associated with production. If you can spend less on labor, that will translate to a cheaper final product. When a final product is cheaper, more customers will desire the product, which translates to higher sales, resulting in higher profit. Only profitable companies create jobs and hire workers. I am sorry if you think the system is "evil" but I cannot think of a better system unless you have better suggestions?
Costs associated with labor force and hiring are by far the biggest operational expenses when running any business. Companies are in business to MAKE PROFIT. The most logical, rational way to increase profit margin is reducing costs associated with production. If you can spend less on labor, that will translate to a cheaper final product. When a final product is cheaper, more customers will desire the product, which translates to higher sales, resulting in higher profit. Only profitable companies create jobs and hire workers. I am sorry if you think the system is "evil" but I cannot think of a better system unless you have better suggestions?
Well:
If it means the owners have to cough up more $$$ for qualified workers---------so be it. Or said companies go out of business-------bottom line.
Costs associated with labor force and hiring are by far the biggest operational expenses when running any business. Companies are in business to MAKE PROFIT. The most logical, rational way to increase profit margin is reducing costs associated with production.
Not if it means taking advantage of labor. People should have the right to a fair days wage for a fair days labor. Factories in China that pay a decent wage have no difficulties hiring and retaining employees. Most American companies in China, and other Chinese companies themselves, have already proven that. Saying China has a labor shortage is like saying the US has a labor shortage. It's just simply not true. It's just an excuse to undercut and under pay employees. Raise wages and give decent benefits and it's amazing just how fast jobs will get filled.
If the Chinese ever do reach the point where they actually have a true labor shortage, (not one that's artificially created by the host nation holding down currency values, and business underpaying workers), then China will simply move factories to Africa or some place else where they can profiteer off of cheap labor.
Undercutting or profiteering off employees to simply to turn a higher profit should not be tolerated. If a nation utilizes unfair labor practices then other nations have an obligation to protect it's own jobs, workers and industry by legislating tariffs. The answer is never, ever to import cheap workers that are willing to steal a nations jobs from its citizens.
Costs associated with labor force and hiring are by far the biggest operational expenses when running any business. Companies are in business to MAKE PROFIT. The most logical, rational way to increase profit margin is reducing costs associated with production. If you can spend less on labor, that will translate to a cheaper final product. When a final product is cheaper, more customers will desire the product, which translates to higher sales, resulting in higher profit. Only profitable companies create jobs and hire workers. I am sorry if you think the system is "evil" but I cannot think of a better system unless you have better suggestions?
In and Out Burger, a corporation that refuses to hire illegals, pays a living wage, and beats the hell out of McDonald's any day, is quite profitable.
Your tired old argument is losing steam. On a daily basis, corporations that refuse to pander to the pro-illegal, cheap labor argument (AMC Theatres also comes to mind) have no problem selling their product to the public without resorting to hiring illegal aliens in order to pad the bottom line.
What you're saying to the rest of us is that slavery is alive and well in the U.S. and by God, you for one, are all for it.
In and Out Burger, a corporation that refuses to hire illegals, pays a living wage, and beats the hell out of McDonald's any day, is quite profitable.
Your tired old argument is losing steam. On a daily basis, corporations that refuse to pander to the pro-illegal, cheap labor argument (AMC Theatres also comes to mind) have no problem selling their product to the public without resorting to hiring illegal aliens in order to pad the bottom line.
What you're saying to the rest of us is that slavery is alive and well in the U.S. and by God, you for one, are all for it.
Quite true. I've been there many times and see mostly Teenagers working there. I guess thats why their service is so slow and can't get the orders right even though they only have a couple of items on the menu.
If it means the owners have to cough up more $$$ for qualified workers---------so be it. Or said companies go out of business-------bottom line.
Many years ago, southern planters were OUTRAGED at the thought of losing their slaves.. It was "the Devil's plan"---it would BANKRUPT the entire SYSTEM---it would lead to widespread collapse, when everyone KNEW that slaves were necessary to 'make a profit'. They got so upset the went to WAR over it (and related issues)..
The years went by. A period of adjustment took place, as the planters learned to 'do without' their slaves. Today, the South is in pretty fair shape. And the horrors of slavery are gone, where they belong, to the history books. People learned to get along without this corrupt system, which once was seen as 'absolutely necessary'...
Many years ago, southern planters were OUTRAGED at the thought of losing their slaves.. It was "the Devil's plan"---it would BANKRUPT the entire SYSTEM---it would lead to widespread collapse, when everyone KNEW that slaves were necessary to 'make a profit'. They got so upset the went to WAR over it (and related issues)..
The years went by. A period of adjustment took place, as the planters learned to 'do without' their slaves. Today, the South is in pretty fair shape. And the horrors of slavery are gone, where they belong, to the history books. People learned to get along without this corrupt system, which once was seen as 'absolutely necessary'...
Thank you! This country survived without slavery, and it will survive without this cheap illegal labor. Greed is destroying this country.
Costs associated with labor force and hiring are by far the biggest operational expenses when running any business. Companies are in business to MAKE PROFIT. The most logical, rational way to increase profit margin is reducing costs associated with production. If you can spend less on labor, that will translate to a cheaper final product. When a final product is cheaper, more customers will desire the product, which translates to higher sales, resulting in higher profit. Only profitable companies create jobs and hire workers. I am sorry if you think the system is "evil" but I cannot think of a better system unless you have better suggestions?
So why not increase that profit even more by lobbying the government for forced labor camps and underage workers? That would certainly maximize profit wouldn't it? After all, profit is ALL that matters in this day and age, right? Profit, the new religion.
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