ford91exploder
Resident Curmudgeon
Another reason is the iron law of supply and demand.
If there is a endless supply of labor wages will be low, unfortunately the immigration advocates on both sides of the party line are making it harder to achieve a living wage at entry levels by artificially inflating the labor supply with low skill immigrants who compete for the bottom tier jobs thereby depressing wages even further.
China has the same problem immigration problem internally where rural farm workers want the factory jobs in the cities and where you have a population in the billions and a few hundred million manufacturing jobs wages are going to be depressed to the lowest possible levels.
China is taking increasingly draconian measures to stop internal immigration. Another fact is China has recently lost millions of manufacturing jobs due to automation which is increasing the downward wage pressure.
Even the noodle stands are being automated - a robotic 'noodle chef' is only 2000 US and it's always working never sick or absent. Yearly salary for a noodle chef in China is about $4700 so in 6 months or so robot is paid for and the remainder is pure profit. You could buy a NEW robot every year and still come out ahead of having human employees.
Chef Cui
If there is a endless supply of labor wages will be low, unfortunately the immigration advocates on both sides of the party line are making it harder to achieve a living wage at entry levels by artificially inflating the labor supply with low skill immigrants who compete for the bottom tier jobs thereby depressing wages even further.
China has the same problem immigration problem internally where rural farm workers want the factory jobs in the cities and where you have a population in the billions and a few hundred million manufacturing jobs wages are going to be depressed to the lowest possible levels.
China is taking increasingly draconian measures to stop internal immigration. Another fact is China has recently lost millions of manufacturing jobs due to automation which is increasing the downward wage pressure.
Even the noodle stands are being automated - a robotic 'noodle chef' is only 2000 US and it's always working never sick or absent. Yearly salary for a noodle chef in China is about $4700 so in 6 months or so robot is paid for and the remainder is pure profit. You could buy a NEW robot every year and still come out ahead of having human employees.
Chef Cui