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All those people skilled enough to get hired in the US (for massive increase in wages) don’t try to get similar positions in India, thus, nobody has to compete
by Aeolun 1y ago
All those people skilled enough to get hired in the US (for massive increase in wages) don’t try to get similar positions in India, thus, nobody has to compete to pay for them.
- bernawil 1y agoI don't think so. You can argue emmigration takes away supply in the labor side. Why would prices go down? Quite the contrary. I don't think it necessarily raises salaries in India though, because that market seems to have a hard cap somewhere around 36k/year but it sure does opens up positions for newcomers.