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mortil
on Oct 3, 2012
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Lenovo Computers, Soon To Be Made In America
How does increasing manufacturing efficiency lead to low hourly pay for the workers? That doesn't make sense. I'd expect fewer workers, but higher hourly pay.
nitrogen
on Oct 3, 2012
[–]
Increased efficiency leads to lower demand for unskilled labor, which will deflate wages so long as supply is greater than demand.
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