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"Labour used to be much cheaper." - with 10% unemployment in the US (that's higher if you use more accurate measures), I'm not quite sure why the reason for thi
by powera 16y ago
"Labour used to be much cheaper." - with 10% unemployment in the US (that's higher if you use more accurate measures), I'm not quite sure why the reason for this would be a lack of available labor.
- jacques_chester 16y agoI didn't say "lack of labour", I said "cost of labour".
- kgermino 16y agoUnfortunately with modern day unions and minimum wage laws high unemployment doesn't translate into lower wages, at least not for craftsmen.