2 ms·
And I can't. Expanding labor pool means that companies can afford to open lines of businesses that were previously deemed unsustainable, and eventually hire loc
by atemerev 7y ago
And I can't. Expanding labor pool means that companies can afford to open lines of businesses that were previously deemed unsustainable, and eventually hire locals for e.g. administrative support.
Most businesses are at equilibrium. There is no choice of "hire locally and pay them well or hire globally and pocket the difference". The choice is "hire globally and expand" (and eventually hire more locals), or "hire locally and stay small, or even get out of business".