this post was submitted on 14 Sep 2023
1450 points (93.6% liked)

Memes

52975 readers
495 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 6 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] huge_clock@lemmy.world -1 points 2 years ago (1 children)

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 4 points 2 years ago* (last edited 2 years 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?