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It's in part because you have way more people so the competition is higher. You're get your job but you have to be extremely efficient, as efficient as humanly
by loceng 7y ago
It's in part because you have way more people so the competition is higher. You're get your job but you have to be extremely efficient, as efficient as humanly possible, or you're going to be replaced - and if not by a person, eventually by automation.
I've been to China once, traveling from HK with to a massive highly dense multi-floor shopping mall, and then went to a 20+ story hotel fully converted into a massive massage/spa. For two people: 45 minute foot massage coming with some fruit and a drink, followed by an hour long full body massage, including tip, cost $36 CAD. Both environments were really incredible to experience, very opposite to how spacious our malls our, and how factory line feeling the massage hotel was in comparison. I'm still undecided which model is better - obviously though if both models are viable in an ecosystem then unless there are controls in place for quality and space requirements, then the lower price will win out competitive price wise, and cause strain on the other model's viability.
- mytailorisrich 7y ago> It's in part because you have way more people so the competition is higher. I think the "huge population" aspect is overdone when discussing China. If I apply for a job at my local supermarket, the competition I face has little to do with the fact that the UK's population is 65 million vs 1.4 billion in China. Is the competition in the US 5x fiercer than in the UK because the population is 5x higher? No because there are also more jobs and the number of people within 'reach' of a given job is likely about the same irrespective of the country's total population.
- solotronics 7y agoI think you would instead look at population density of that area. In many places the US has a lower population density than the UK.
- arcticfox 7y agoYou make a good point, but literally every fast food place near me has a 'Help Wanted' advertisement posted these days. I have the sense that they take anyone they can get, whereas in an industrializing society, the competition for those types of jobs (for recent agrarian -> city immigrants) would be pretty fierce. Unemployment rate might be a better metric, but 'employment rate at food employee level or higher' would be the best I guess.