When American workers lose their jobs to cheaper foreign labor or automation, they don’t just suffer individually—the economy suffers collectively. The small businesses and restaurants they ...
The study shows that the density of production and the cost-benefit of using local suppliers give a China-based manufacturer access to cheaper materials and machinery. These scale and supply-chain ...
The “cheaper the labor they hire, the more money the billionaires ... associate mechanical engineers for as little as $70,000 a year, and associate material planners for as little as $80,000 ...