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Labor Market (Macro)

Global Labor Market (9/5/2005)

Labor is increasingly globally sourced due to aging populations and lagging labor productivity in developed countries.

Keywords: arbitrage, contract workers, Filipino, immigration, Japan, labor costs, labor market, maids, Mexican, Mexico, nannies, nurses, offshoring, outsourcing, Philippines, productivity, Scotland, wages

Healthcare Tourism (3/7/2007)

Lower-pay certified doctors, duly accredited facilities, and 5-star facilities have contributed to the comparative advantage of overseas hospitals in non-emergency big-budget surgeries for international patients.

Keywords: Apollo Group, Bangkok, Bumrungrad Hospital, comparative advantage, global competition., health care, healthcare tourism, India, insurance, medical tourism, Singapore, surgery, Thailand

Moving Up by Staying Put (8/30/2001)

American companies are increasingly outsourcing back-office and software design work to highly skilled but lower-cost English-speaking foreign workers.

Keywords: back office, foreign workers, globalization, H1-B visa, high- tech industry, immigrants, jobs, labor mobility, migration, outsourcing, salary, skilled workers, wage

Niche Specialization (1/30/2007)

Niche comparative advantage in location proximity and fast response time could overcome the disadvantage of high wages in the garment industry.

Keywords: Abboud, comparative advantage, fix-it, garment, import, location, niche specialization, outsourcing, productivity, quick response, rapid response, repairs, shipment, shipping, specialization, suit, transportation, wages

The Seduction of Cheap Labor (8/31/2005)

Cheap immigrant labor has kept labor-intensive lettuce farming in America that should perhaps have been offshored or mechanized.

Keywords: cheap labor, immigrant workers, immigrants, labor market, lettuce, offshoring, opportunity costs, wage

Two-tier Wages (2/10/2012)

Detroit Three's two-tier wage system may be the answer to the cost advantage of transplanted auto makers.

Keywords: antitrust, buyer's market, collective bargaining, monopoly