Simply because - if an american company can get a product made cheaper overseas (including the cost of transporting it) - then there is no point employing americans at a higher wage to do the same job ! It's the same in most 'western' countries !
Lower labor costs enable producers to export inexpensive products to the United States.
Lower labor costs enable producers to export inexpensive products to the US, which would lead to job loss in the United States.
To take advantage of lower labor costs
Labor costs were lower because unions were weaker.
Manufacturing companies often relocate to states or countries with lower wages to reduce labor costs, which can significantly impact their overall expenses and profitability. By utilizing unskilled labor in regions where wages are minimal, these companies can maintain competitive pricing and increase their profit margins. Additionally, lower labor costs can enable companies to invest more in technology or other areas of production, further enhancing efficiency and productivity. This strategy is primarily driven by the pursuit of cost efficiency in a globalized economy.
Lower labor costs enable producers to export inexpensive products to the United States.
Lower labor costs enable producers to export inexpensive products to the United States.
Lower labor costs in other countries lead to job less in the United States because it enables producers to undersell domestic producers.
Labor costs are lower in other countries.
Lower labor costs in other countries lead to job less in the United States because it enables producers to undersell domestic producers.
Lower labor costs in other countries lead to job less in the United States because it enables producers to undersell domestic producers.
Lower labor costs enable producers to export inexpensive products to the US, which would lead to job loss in the United States.
Lower labor costs in other countries led to job loss in the United States because it is more cost efficient, the lower wages makes it less costly to have the same amount of workers.
Lower labor costs in other countries led to job loss in the United States because it is more cost efficient, the lower wages makes it less costly to have the same amount of workers.
Lower global costs of labor have caused companies to outsource production to countries with cheaper wages, resulting in job loss and income inequality in higher-cost countries. This has also put pressure on workers in developing countries to accept lower wages and poorer working conditions.
Labor costs are lower in other countries.
To take advantage of lower labor costs