"More than 20,000 Vietnamese workers went on strike demanding a 20% increase to their US$59 monthly salaries on Monday at a Taiwanese-owned factory that makes shoes for US apparel giant Nike."
Friday, April 11, 2008
Global labor arbitrage...again
Perhaps the arbitrage won't last as long as I thought and expressed in a previous post here. Over at Czech Republic Economy Watch, Edward points out that Vietnamese are flocking to the Czech Republic to fill jobs. Also Vietnamese workers back in their home country are looking for pay increases; apparently
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