07-29-2016, 11:56 AM
(07-28-2016, 10:38 PM)Benton Wrote: to the first, yeah, in Mexico. $7 an hour in Mexico isn't the same as $7 an hour in st Louis.
to the second part, that's a pretty interesting idea. I think that would be a step in the direction of employers not insourcing cheap labor.
Yes I know that the cost of living etc factors into it.
In the Phillippines factory workers make: $2.01 per hour.
The average income per person (in USD) over there is about $1200-$1500 per year. This person in a factory job would be making (assuming 40 hours and 52 weeks) $4180 per year. That's a pretty nice salary for over there considering how cheap the cost of living is.
![[Image: 4CV0TeR.png]](https://i.imgur.com/4CV0TeR.png)